Mizuka Youth Group
Last year, the group successfully completed a Junior Achievement entrepreneurship program where the program built their capability to grow and expand their businesses. Upon graduation the group carried out market research and observed the demand for rabbit meat within their community. Antony and his fellow group members hope to take a loan to start a rabbit rearing business which will supplement the group's vegetable and water business and will increase their realized income.
More information about this loan
About Junior Achievement KenyaJunior Achievement Kenya is an organization that educates Kenyan students about entrepreneurship, work readiness and financial literacy through experiential, hands-on programs. Kiva loans will allow the organization to continue to deliver its programs with greater outreach and with the goal of targeting an increased number of out of school youth.
JA Kenya 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.
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Success!! The loan was 100% repaid