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Total loan: $1,800
KINYAMBU-MAKUENI, Eastern, Kenya / Retail
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Margret's loan finished fundraising,
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A loan helped to buy solar lanterns.
Margret is a 47-year-old married woman with five children. She ventured into retail trade in 1997 after consistent unpredictable rainy seasons in the area hence she could not raise enough food and income from her farm to take care of her family. She started a retail store trading in bicycles and bicycle spare parts. This idea was triggered by the poor means of transport used by the residents of her village at that time. Margret has since diversified into motorcycle spare parts due to an increase in the number of motorcycles in the region, and she has plans to sell motorcycles in the near future. Margret was introduced to the solar lanterns which provide bright and safe lighting and come with a mobile charging function by BrazAfric green energy marketing team. Because of the recurring cost and health effects associated with paraffin which is the commonly used lighting fuel in her community, she saw an opportunity to boost her sales, increase productivity and raise the living conditions of people in the community. Margret appreciates the benefits accruing from the use of solar lanterns, and with the Kiva financing option from Brazafric, she is seeking financing to purchase solar lanterns to stock and sell to her community. Margret points out that she would buy some solar lanterns to use in her farm and also for her shop to increase her working hours.