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Bright Mothers Group
In this Group: Teresia*, Faith , Ann, Judith Wangeci, Phylis Kabura, Jane , Margaret, Faith , Esther Njeri, Agnes
* not pictured
Bright Mothers is a group of women who live in Murang'a Country, located in central Kenya. The group was formed in February 2012 with an aim of pooling members' funds to enable them to start up small businesses. They opened a stall to sell charcoal and have been successfully running this small business since April 2012. Individual members share the profits from this business.

The group now wants to purchase energy-efficient cookstoves to sell concurrently with the charcoal. This additional product offering will add to their income as well as ensure many other women in Murang'a County have access to clean cook stoves that reduce smoke and carbon monoxide and save on charcoal and firewood.

The group has taken a loan to stock their stall with cookstoves, and the group will repay this loan in 12 months.

Additional Information

More information about this loan


About Visionary Empowerment Programme

Visionary Empowerment Programme (VEP) is a nonprofit organization that empowers people to build their own enterprises through microfinance, training and other development services. In addition to providing loans to groups of borrowers, it works with established organizations to encourage installation of biogas digesters, solar energy products, clean cooking stoves and other technologies that reduce costs, poverty and greenhouse gas emissions.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Kenya

  • $1,800
    Average annual income
  • 934
    View loans »
    Kenya Loans Fundraising
  • $41,082,975
    Funds lent in using Kiva
  • 84.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A portion of Bright Mothers Group's $3,550 loan helped a member to purchase improved cookstoves for retail sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2012
Listed
Sep 25, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 19, 2013