Total loan: $425
Talata, Fianarantsoa Province, Madagascar / Retail
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A loan helped to buy seeds to resell.
Onjalalao, 35, lives in a rural village with his wife and two children. He practices agriculture and breeding. To boost his income, he opened a seed stall. He's been in his business for a year and he finds it to be quite profitable. His clients are the farmers of his village. Onjalalao has been taking loans from Vahatra for several years. He has already benefited from several increasing loans. He was able to gradually expand his business. He is building up savings to build a house in the future. The previous loan allowed him to buy a cow. For the next loan, he turns to Kiva lenders. He wants to provision his seed sale display. He will add seeds of rice, beans, soybeans, corn and more. He needs lenders to support him. He hopes for an increase in income in order to strengthen his savings.