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Nguvu Self-Help Group
In this Group: Gilbert, Samuel, Zakao, David, Alfred, Josephine, Joseph*
* not pictured
Gilbert is a leader and member of Nguvu Self-Help Group. He is 31 and married with four children. Gilbert has been operating a small retail shop on the main road of Suneka town for four years. He started his shop after saving money from his former job for several years.


Gilbert is a kind and hardworking man. From the profits he is able to feed, clothe, and educate his children. With the assistance of the loan, Gilbert will increase stock for his shop. He is excited to purchase some new items, which he believes will generate more income. Gilbert is beaming with optimism about the busy economic season that runs from September through January in Kenya. His long-term business goal is to open up a wholesale unit in the future.


In addition to his retail shop, Gilbert has diversified into livestock. He owns one dairy cow and ten chickens. Selling the milk and eggs add another stream of income towards his overall profits.


Disclaimer: Due to recent events in Kenya, the security situation in many communities remains unsettled, affecting many local businesses. Lenders to this entrepreneur should be aware that this loan may represent a higher default risk, and should be willing to accept this additional risk in making their loan.

Additional Information

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 Kenya

  • $1,800
    Average annual income
  • 941
    View loans »
    Kenya Loans Fundraising
  • $41,033,900
    Funds lent in using Kiva
  • 68.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A portion of Nguvu Self-Help Group's $2,475 loan helped a member increase stock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 13, 2008
Listed
Aug 29, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2009