Ndekonagai Pierre

Pieere received a loan money worth $900 from WITEP raised by Kiva.

she was very happy to receive the money.

The money has already been put in to the business.

Thanks a lot for supporting this business.

Pierre’s business is going quite well. He used his loan to buy raw materials for his furniture business, such as lumber, varnish, nails, and fabrics. This capital has helped him a lot as his working capital was previously limited.

One major challenge he’s facing is that his competitors will copy his styles. He’d like to expand his offering to include new products and designs, but this requires working capital, which his loan has helped him obtain.

He’s pictured below, with one of his most trusted workers (an employee of over 10 years), in front of several chairs that are being hand carved, varnished, and finished.

In addition, his shop employees 22 people, so his success leads to more jobs for locals.

He sends many thanks to his lenders!

Best-

Shelby Clark

Kiva field rep

This loan has been refunded for the following reason:

As you may be aware, each business on Kiva's website is posted by one of Kiva's 60+ Field Partners in 39 developing countries. A Field Partner is an independent microfinance institution that has a history of lending to the poor for a social purpose. They screen each entrepreneur, post his/her profile on the Kiva website, and administer your loan.

Kiva routinely audits each Field Partner to ensure your loan is being dutifully administered to the entrepreneur you've selected. In the course of auditing our Field Partner, Women's Initiative to Eradicate Poverty (WITEP) in Uganda, Kiva discovered that some entrepreneurs were not receiving the full amount of their loans.

This violates Kiva's policies and we have terminated our relationship with WITEP. All of the loans made to entrepreneurs served by this Field Partner have been refunded. We hope you realize that our audit uncovered a true exception to the norm; the vast majority of our Field Partners administer your loans with the highest integrity. Kiva will continue to audit Field Partners to ensure your loan is being dutifully administered and to make our website a model for transparency in international development.

To help inform your choice of Field Partner as well as entrepreneur, we have launched a new feature on the site which helps you evaluate the Field Partner's performance in your lending decision. See www.kiva.org/about/partners/ for details.

We hope that you give lending to the working poor another chance by re-lending your Kiva Credit to a new entrepreneur on our site.