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Aug 24, 2016 11:11 EST

Kenya: Upendo Kerwa Women Group – A loan of $800 helps a member to purchase fertilizers, manure and milking cans to boost her crop yield.

iCrowdNewswire - Aug 24, 2016

Upendo Kerwa Women Group

Kenya
 
Limuru, Kenya / Farming
 
Borrower image
 

Upendo Kerwa Women Group’s story

The lady raising her hand is Mary of Upendo Kerwa women group. She is 57 years old, married and blessed with one child, who is in college. She joined Hand in Hand Eastern Africa in the year 2014 to benefit from the training on enterprise development and financial management.

She does maize, bean and dairy farming. She is borrowing a Kiva loan to purchase fertilizers, manure and milking cans to boost her crop yield, thus earning more income to pay for her child’s college fees.

She is grateful to Kiva lenders for the support and promises to repay promptly.

In this group: Magdalene , Mary , Margaret
*not pictured 

This loan is special because:

It provides startup loans to risky businesses and underserved people. 

David
Kiva staff 

More about this loan

This loan is designed by HIH EA to reach a risky segment of society that is not currently being served by other financial service providers in Kenya. Borrowers in this segment do not have any income generating activities and often lack collateral to be eligible for working capital loans. Additionally, they live in areas where access to microfinance is limited. By funding this loan, you are providing people with financial services they otherwise would not have access to.

About Hand in Hand Eastern Africa:

Hand in Hand Eastern Africa is a non-governmental organization operating in Kenya that works to alleviate poverty through social mobilization as a means for job creation, business training, value addition, market linkage support and access to microfinance services.

Since it was founded in 2010, the organization has specifically focused on the marginalized poor, mainly women and youth, who earn below $2 USD per day. In addition to providing loans, it also offers a structured enterprise development and loan management-training program.

A loan of $800 helps a member to purchase fertilizers, manure and milking cans to boost her crop yield.

Contact Information:

Upendo Kerwa Women Group

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