A loan of $1,200 helped to expand his furniture making business.

Josephat's story

Mr. L. is married with three children. His first son is in college. Mr L. first came to PEMCI with a request of a $429 loan to enable him purchase a new power saw for his business. He successfully repaid the loan and requested a 2nd loan of $714 to stock up his business with raw timber. Kiva funded the second loan which he has been able to clear from the bulk sale of his remaining timber stocks.

He has now requested a loan of US$1200 which will enable him to expand his furniture making business. So far PEMCI has had a very successful relationship with Mr L. and we are proud to be associated with his business growth. He is a determined businessman and is well respected in the community for his honesty and hard work. He is a role model for other upcoming businesses and we need more like him. Through his activities he is able to employ a number of workers and to mentor younger people entering the furniture business. Mr L. is worth the support of Kiva partners in his contribution to alleviating poverty and unemployment in this part of the country.

Loan details

Lenders and lending teams

Loan details