Shija is a qualified veterinarian. He runs his own business, which supports his wife, child and six siblings. His business is twofold. He offers a home or farm visit service for treating animals and runs a vaccine supply shop. “Sometimes business is good and sometimes it isn’t,” says Shija. “Having the shop covers me when I don’t have a lot of customers calling.”
Shija relies partly on walk-in shop customers, but he also makes a fair amount from travelling to remote places to administer vaccines. He uses Nivushe loans to buy his vaccines in bulk at a better price. It’s much cheaper for him to buy from the wholesaler, but he doesn’t always have enough, so he combines his profits with a loan to make large stock purchases.
Like many Nivushe customers, Shija started out with a small loan amount, of just 2,500 shillings (equivalent to $1 US). From there he built up his credit record to the point where he can now borrow 400,000 shillings (equivalent to $175 US) at a time.
Taking loans to buy bulk stock has helped Shija boost his profits, and he’s been able to save to buy a car and rent a bigger house. Without access to credit, Shija believes it would’ve taken him much longer to get to where he is now.