Total loan: $27,975
Virunga, Nord-Kivu, Congo (DRC) / Services
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Eric's loan finished fundraising,
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A loan helped to provide clean drinking water access and employment in Virunga.
Eric is a happily married father of three sons and two daughters. He is a scientist and also an entrepreneur. Eric is interested in creating jobs and helping young people in his community. Before Jibu he was a science teacher and he still is, but he also wanted to start a business so he opened a Jibu franchise outlet in Goma. His outlet has grown sales at a high level and many customers now know Jibu in that area. JibuCo has decided to award him with a franchise. A Jibu franchise will help him live his dream of giving job opportunities to young people. This loan will pay for all the items he needs to get his franchise up and running, including a storefront build-out, staff training, support overhead, and sourcing including shipping and installation of his Jibu water filtration unit. Jibu is a social enterprise that is pioneering a powerful new model that capitalizes and equips entrepreneurs in emerging market communities to own businesses that ensure access to basic human necessities, with water as an anchor product. The company’s vision is to train, finance, and grow a network of invested business owners like Eric, who will revolutionize the way critical resources are leveraged to develop essential infrastructure in emerging markets.