Cosmo Polite: Drinks support 3 African entrepreneurs

At our monthly drinks we raise money to support entrepreneurs in third world countries. With the proceeds of the February drinks three African business owners with their company.

Adjowa Adjalo (Togo) is 43 years old, married and mother of three children. She live in Assahoun, a town located 70 kilometers from Kpalimé. She retails “Sodabi”, which is a local beverage made from fermented palm juice. With our loan, she intends to buy large quantities of Sodabi to resell during the rainy season when it is cooler. With her foreseen profits, she wants to make improvements to her house.

Jacob (Kenya) is 45 years old and married. He has six children b

etween 6 and 16 years of age, all of whom attend school. He operates a mixed farm in Western Kenya, near the town of Kitale, where he's been farming for five years. Along with his horticulture activities, Jacob frequently performs carpentry and masonry work in his community for additional income. He says that the main challenge he faces right now is that he is so busy in carpentry work that he has trouble dedicating enough time to his other business operations.

Jacob recently repaid a Kes. 30,000 loan from Juhudi Kilimo and has now requested this loan for Kes. 71,600 to purchase and insure a dairy cow. He will also use part of the loan to purchase farm supplies, such as a donkey cart, and material for a new dairy shed. lHe says that this loan will benefit his family in many ways, especially with the availability of additional mik. He also plans to use the donkey cart in a small scale transport business, charging other farmers to carry their goods to markets. In the future, Jacob wants to open a wholesale shop and would, one day, like to acquire a tractor for plowing services.

Grace Iwo (Nigeria) is 57 years old and married with 5 children. Her husba

nd is self employed and he also supports the home. Her children are excelling in their various jobs and school. Grace sells groceries at retail prices to her customers. Her customers are usually residents and friends. She loves this business because of the one-on-one interaction that she has with her customers. She wants to expand her business in the future. Grace hopes for a loan amount of NGN 170,000 to purchase more groceries to sell. She thanks Kiva lenders for their support.

People Cosmo Polites have supported by providing loans: