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Kithituni Women Group
In this Group: Naodia , Sarah, Purity, Nicera, Emily , Purity, Doreen
Kithituni is a group of young women entrepreneurs engaged in a number of businesses ranging from farming to retail shops and clothing sales, among others. Though their businesses are still viable, they saw an opportunity to expand by selling solar lamps to their community members. In their rural setting where there is no electricity, promoting solar will be of double benefit since they will make some income from the sales as well as empower their community by encouraging green energy. Families purchasing and using solar lamps will no longer have to buy or use kerosene or candles and hence can save money and improve their health. The women's group will also be sustainable since profits will be ploughed back to grow their stock of solar lamps. Their vision is to have a one-stop-shop for solar lamps in the region and also also create employment for their children.

Nicera, standing on the far left side, is a single mother who runs an electronics shop which she inherited from her father. She used this loan to purchase 24 lamps for resale and to get started in this business. From the lamp sales she will be able to repay the loan and reinvest into the business.

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.

Tags

About Kenya

  • $1,800
    Average annual income
  • 930
    View loans »
    Kenya Loans Fundraising
  • $41,730,500
    Funds lent in using Kiva
  • 85.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A portion of Kithituni Women Group's $6,125 loan helped a member to purchase solar lamps for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2013
Listed
Jul 2, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 6, 2014