Flying Eagles Youth Group
He is a businessman and a farmer too. His main business is bark-cloth selling and he has been in this business since 1997. He is also a farmer who deals in coffee growing.
He works six days a week and each day he works for 7 hours. He started this business in order to earn money for paying school fees for his children and to satisfy their day-to-day needs.
He has acquired this loan in order to buy more stock (to re-stock) of the bark clothes. He sells his products to traders in the city. His dreams are to build rentals in a nearby trading centre which can be of more help to his children and to educate the children to the highest level of education. His main challenge is changes in fuel prices which makes transport to the city very costly and this forces him to sell his products from his home at low prices.
He describes himself as an honest and hard working man.
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.
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
359View loans »
Success!! The loan was 100% repaid