Christiane began a business ten years ago to help her husband with the family expenses and pay school fees for her children. Today, she sells dyed clothing and soaps that she makes herself to the women in her association. She also sells timber that she stores at her home, and raises goats and pigs in her yard.
This loan will allow Christiane to acquire 16 gas stoves and ten energy-efficient stoves, to resell within her association. This allows her to diversify her business and earn more money through their sales. This will also allow her children to continue their education so that they can accomplish their very specific dreams: one wants to join the military, another wants to run a business, and the third wants to become a judge. As for Christiane, she wants to open her own shop to sell Naana Nafa products in her neighborhood.
Christiane a commencé à exercer une activité génératrice de revenus il y a 10 ans, pour aider son mari à supporter les charges familiales et payer la scolarité de ses enfants. Aujourd’hui, elle vend des habits teints et des savons qu’elle fabrique au sein de son association de femmes. Elle commercialise aussi du bois qu’elle stocke chez elle et élève des chèvres et des porcs dans sa cour.
Le prêt octroyé à Christiane lui permet d’acquérir 16 foyers à gaz et 10 foyers améliorés, pour les revendre au sein de son association. Cela lui permet de diversifier son activité et de gagner plus d’argent grâce aux produits vendus.
Cela permettra à ses enfants de continuer leurs études, afin qu’ils réalisent leurs projets très précis : l’une veut devenir militaire, un autre chef d’entreprise et le 3e juge. Quant à elle, elle souhaite ouvrir sa propre boutique pour vendre les produits Nafa Naana dans son quartier…
More information about this loan
This loan will help EdM provide energy-efficient wood or coal-burning stoves and gas stoves to retailers. EdM uses loaned funds to purchase stoves from local producers, then supplies the stoves to retailers on credit. Retailers, who typically own pre-existing small businesses and wish to add stoves to their inventories, are responsible for repaying the cost of the stoves to EdM in installments over the course of the loan term. These stoves help end users reduce their fuel expenses and avoid health complications caused by cooking over open fires. Since EdM pays the cost of transporting stoves from producers to retailers, and provides marketing support in the form of promotional posters and awareness-raising events, the organization adds a margin of between 4 and 7.5% to the cost the retailers pay for the stoves in order to make the project self-sufficient.
About Entrepreneurs du Monde (EdM)Kiva provides an important source of flexible, risk-tolerant working capital for social businesses in EDM’s network so that they can import and stock clean energy products to meet customer demand and positively impact health and the environment in impoverished communities around the world.
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Success!! The loan was 100% repaid