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Josephine
Josephine of The Montserrado Village Savings and Loan Association seeks a Kiva loan to purchase Sustainable Energy for All (SE4ALL) products at wholesale and sell retail. Josephine is President of the Village Savings and Loan Association of Montserrado County, Monrovia, Liberia. The Association is a conglomerate of over 600 women's groups ranging from 25 - 30 members, who combine saving through small monthly membership fees, then make small micro-loans to their women entrepreneurs to pay back over time. Josephine also owns "Winning Business Center" in the city, where she has a tailor shop, sells water and other food snacks, and buys clothes wholesale in order to sell them retail.

Josephine will use her new Kiva loan to purchase 25 clean cookstoves at wholesale and resell them to her women's group at a very small markup. Josephine also wants to establish her credit with Kiva micro-loans so she can apply for business loans in the future.

Additional Information

More information about this loan

This loan is to a borrower living in Liberia, one of the countries in West Africa currently experiencing an Ebola outbreak. The epidemic is the largest in history, claiming thousands of lives and deeply affecting the national economy. This partner is continuing to operate throughout the outbreak, but accordingly these loans will have a higher risk associated with them. Learn more about the epidemic here

SJedi Green Energy is an organization in Liberia that aims to provide low-income families with sources of clean energy and protect the tropical rainforests of the endangered upper Guinean Forests of West Africa.
 
The organization is the sole wholesale distributor of Envirofit International cookstoves in Liberia, and has successfully utilized a variety of distribution models. Additionally, it is working to pilot the sale and distribution of other products such as solar home systems, water filter systems, bed-nets and Green Charcoal. With Kiva’s support, SJedi will be able to reach more customers and increase their sales.
 

About SJedi Green Energy:

SJedi Green Energy is an organization in Liberia that aims to provide low-income families with sources of clean energy and protect the tropical rainforests of the endangered upper Guinean Forests of West Africa.

The organization is the sole wholesale distributor of Envirofit International cookstoves in Liberia, and has successfully utilized a variety of distribution models. Additionally, it is working to pilot the sale and distribution of other products such as solar home systems, water filter systems, bed-nets and Green Charcoal. With Kiva’s support, SJedi will be able to reach more customers and increase their sales.

About Liberia

  • $700
    Average annual income
  • 0
    View loans »
    Liberia Loans Fundraising
  • $3,038,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Josephine to purchase Sustainable Energy for All products to sell to women's groups at affordable prices.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2014
Listed
Jun 3, 2014
Currency Exchange Loss:
N/A
Ended:
Jun 21, 2015