Total loan: $24,900
Kikuyu, Kiambu County, Kenya / Services
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Peter's loan finished fundraising,
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A loan helped To set up a water enterprise in Kikuyu, Kenya.
Having been in business for five years, Peter has vast experience in business management and sales growth. He was inspired by the need to provide affordable and safe drinking water in his neighborhood. Peter is interested in setting up a Jibu water Franchise in Kikuyu area of Kenya. This loan will fund all the necessary costs in establishing the franchise & ensuring its running, including storefront build-out, staff training, support overhead, and sourcing including shipping and installation of his Jibu water filtration unit. Jibu is a social enterprise 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. Driven by a belief in the power of eye-to-eye partnership to unleash latent entrepreneurial talent, Jibu is transforming the challenge of addressing basic human needs into an expansive opportunity that allows thousands of entrepreneurs to build lasting solutions, one neighborhood at a time. The company’s vision is to train, finance, and grow a network of co-invested business owners like Mr. Peter, who will revolutionize the way critical resources are leveraged to develop essential infrastructure in emerging markets.