Ahmed of the Boodihari Group – Somalia

We just made a loan to Ahmed of the Boodihari Group.

The main reason we donated to Ahmed was that he needed the money to expand his fishery shop (his only source of income). He also has a wife and 9 sons that he can barely feed. The Boodihari Group consists of 12 members (6 men and 6 women).

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The other  reasons we donated to the Boodihari Group is because in Somalia — the third poorest country in the world — the average annual income is only $600 dollars. As a comparison the US has an average of $53,000 dollars a year. Another reason why we donated to this group is because no one in the SMS Kiva Club has ever donated to anyone in Somalia. Finally, we donated to the Boodihari group because their field partner had never failed to repay all the money that people had donated.

#helpingSomalia

By Brendan, Charlie and Nicholas