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Patrick And Roy Group
In this Group: Patrick , Roy
Patrick and Roy, aged 24 and 18, are brothers who lost their father due to an HIV-related illness. They are now responsible for the care of their ailing mother and 3 other siblings. They have been running a clothing and cleaning business for 2 years. They make liquid detergents and toilet cleaners as well as sports uniforms such as t-shirts, tracksuits and hats. In their business, they employ 3 other youths who assist in the production of goods.

They plan to increase their manufacturing space and open a uniform distribution shop at the local business centre. They are also working around entering into contracts to supply nearby boarding schools with cleaning agents as well as uniforms.

PENYA assists borrowers with entrepreneurial skills training through the Start and Improve Your Business (SIYB) Program. PENYA also helps them form Village Savings and Loans Associations where they save proceeds from their businesses that will then become the future sources for additional loans and business investments. Finally, PENYA carries out mentoring and monitoring visits to ensure that the businesses are being run viably. Through linkages created with extension workers and some buyers, PENYA borrowers have access to further training in the production and selling of their produce.

Additional Information

More information about this loan


About Practical Empowerment and Networking Youth Association

Practical Empowerment and Networking Youth Association (P.E.N.Y.A) is a youth-centered non-governmental organization founded and operated by youth since 2008. It works to address socio-economic challenges faced by youth in Zimbabwe by creating partnerships with them, their families, community organizations and government. Additionally, it empowers them through entrepreneurial skills training, savings group formation, support for youth businesses and small business management advice.



P.E.N.Y.A joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

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 Zimbabwe

  • $2,000
    Average annual income
  • 0
    View loans »
    Zimbabwe Loans Fundraising
  • $3,458,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Patrick And Roy Group's $1,200 loan helped a member to purchase school uniform fabric and chemicals for cleaning agents.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 15, 2013
Listed
Jun 5, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013