Kiva Lending Team: Phi Beta Sigma
We loan because...
As apart of our national program Bigger and Better Business, our Fraternity is committed to empowering minority owned small businesses and providing impoverished entrepreneurs with a business opportunity.
This Group is intended for fraternal members, family, and friends.
One of the largest historically black greek letter organizations, Phi Beta Sigma Fraternity, Inc. was founded in 1914 to truly exemplify the ideals of brotherhood, scholarship, and service.
From its inception, the Founders conceived Phi Beta Sigma as a mechanism to deliver services to the general community. Rather than gaining skills to be utilized exclusively for themselves and their immediate families, the founders of Phi Beta Sigma held a deep conviction that they should return their newly acquired skills to the communities from which they had come. This deep conviction was mirrored in the Fraternity's motto, "Culture For Service and Service For Humanity".
Location: United States Team website
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Mercury Group received a loan from 1 team members to start selling soft drinks.
Duyen received a loan from 1 team members to buy food and beverages to stock her store.
Arusyak received a loan from 1 team members to pay for supplies for the shop (food and home appliances) and also shop shelving to better present her goods.
Alhaji Magaji received a loan from 1 team members to purchase high-quality inputs in order to double maize yield and income.
Myin Su Village received a loan from 1 team members to hire laborers to help with harvesting and to purchase high quality seeds.
Ashara Alok Shg Group received a loan from 1 team members to purchase ingredients to make spices.
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