Loans #24 and #25 completed today to a veteran in the US and a group of ladies purchasing clothes for resell in Tanzania. 3 days ago
People doing thisSee everyone
May’s loan went to Rosa Elena in Santa Rosa de Copan, Honduras, to buy agricultural supplies in order to once again help her coffee crop.
Rosa says that she had never chosen to take out a loan with any institution before, because the interest rates are very high and the process is a bit overwhelming and time consuming. However, thanks to the cooperative COMIXMUL, she can tell the difference because payment is very easy, the formalities are quick and the staff who work in the institution are very friendly and helpful.
Thanks to this funding she was able to look after her coffee crops: weed them properly, collect in the harvest on time, buy compost and fertilizer and apply them to her coffee crops to get better performance and better results. The seedbed that she had ready for sowing at that time was made possible by the same supplies which also helped her to treat them properly and open the holes.
Rosa is very grateful for the support given through her first financing. Her first action when she harvested her crop was to fulfill her commitment with the appropriate character and responsibility. This was also in order to keep open the opportunity, and have the confidence, to continue working with COMIXMUL and funds from Kiva.
She is hoping to be supported again this time, as her crops need attention once or twice a year in order to have excellent results and profits. Therefore, today she wants to again buy compost, fertilizers and foliar sprays, among other supplies, so that her goals, hopes and dreams can become a reality.
Fully funded!1 month ago
A loan for April; better late than never. This one goes to Sahida, and is my first in India – a loan of $250 helps her to buy more hens. It’s a longer term loan (3 years) due to Indian government regulations, and requires 100% funding before distribution.
Sahida, 20, lives in Parandih, Deoghar, a highly populated rusty town. Most people in this area work as labourers in the construction industry. She has a son studying in school, and a daughter goes to ICDS centre (pre-school).
Her husband started poultry farming two years ago and is earning some profits. Sahida helps her husband in this business. They earn INR 200 daily and INR 20,000 per annum from agriculture.
Sahida is a young, idealistic entrepreneur; she always looks for growth. She now wants to expand her poultry farm, for which she is asking for a loan to buy more hens for breeding.
Not many families produce agricultural products in this area, and people normally buy food. This is where Sahida’s business is in demand, as people there prefer chicken. She believes that the supply and demand chain will allow her to have more customers, if only she can procure more. She is confident that the expansion will surely give her enough income to maintain her family and help her save enough money for her children’s education.
Sahida believes that the surging market will increase demand, and hopes to keep growing.
43Things members have now made over 3000 Kiva loans totaling over $78,000! 2 months ago
Energia Innovadora—a loan to buy solar-power products for rural and city residents in Peru : http://www.kiva.org/lend/687045
Maysoon—a loan so she can buy a sewing machine for her clothing business in Iraq (I think this is my first loan in Iraq) : http://www.kiva.org/lend/693805 3 months ago
Loan #23 – helps Elias Francisco Fermin pay for his son’s higher education.
Elias is 52 and lives in the town of Camana. He lives with his wife with whom has a son. He struggles get ahead due to his humble job as a driver. His job is their only source of income to cover the costs of the home. Elias works about 9 hours a day and believes all will be well because he is responsible. Elias is grateful to Kiva lenders and, thanks to the help they have given, he can cover the costs of his child’s study. He is currently studying nursing and with support can buy a uniform, materials, etc.thus he can keep fighting to realize his big dream: “To see your child become a professional.” 3 months ago
A loan for March… (my first in Zimbabwe)
“Greetings from Zimbabwe! This is 56 year old Mary from Gokwe. She is widowed with no children. She also cares for two dependents. Mary runs a retail business selling groceries and she runs a saloon. The business has been in operation for 5 years.
She says the main challenges faced are lack of access to finances resulting in few stocks, hence reduced revenue. Mary has requested a loan of $500 to restock her grocery shop and saloon. She says the extra income generated as a result of this loan will allow her to bring stability to her family through increased income and she can self sustain her life.
In the future Mary plans to operate from her own premises as she already bought a business stand and she wants the business to be self-sustaining in its operations without borrowing.”
I funded two loans this morning, which my repayments mostly covered. Now this goal is complete.
The first loan went to Millicent in Zimbabwe to increase her stock of clothes at her store. At the moment it is still raising funds. http://www.kiva.org/lend/680115
The second went to Nisreen in Jordan, who was seeking a loan for college. She’s finishing up a degree in English Literature. 4 months ago
Marjorie is a young lady in Zimbabwe, needing help with increasing her inventory for sale. She is also a CampFEd learner guide. CampFEd (Campaing for Female Education) is a good initiative and helps women in rural areas. The loan is now fully funded.
http://www.kiva.org/lend/679725 4 months ago
A loan for February…
“Helen is a hardworking entrepreneur who has a barquillos-making business in the Philippines. Helen successfully paid back her previous loan and is now requesting a new loan of PHP 15,000 through NWTF to buy ingredients and further build her business.
NWTF is re-listing Helen’s business profile again in support of her efforts to secure the future of her family. The ice cream business that she previously funded through NWTF and Kiva continues to provide for Helen and her family with enough of an increase to improve their standard of living.”
Negros Women for Tomorrow Foundation, Inc. (NWTF) is a non-governmental organization established with an aim to help women achieve self-sufficiency, particularly in the province of Negros Occidental’s low-income communities. The organization offers its clients a wide variety of products, including loans for micro-entrepreneurs, hospital income benefits, life insurance, accidental death benefits and more. Kiva lenders’ funds will be used to expand the reach of these products to women in low-income urban and rural communities.
This loan is now under the 43Things lending team and still raising funds. – Fully Funded!4 months ago
If anyone would like to join me, please do! The link is here
I made a loan today to a single mother of two in El Salvador to help her grow her tortilla business.
I’m excited to have this crossed off in two months. 5 months ago
It’s been a while since I logged onto Kiva, and all of of my previous loans have been paid back. Today I updated my information, set up where my money should go should my account become inactive, and re-lent to a young woman in Madaba, Jordan who does photography, a passion I share.
Duha was born in 1991. She is a single lady living in an area in Jordan called Madaba with her 3 siblings and her mother. Her father is deceased. Duha’s family has been facing financial problems since her father’s death. Therefore, she decided to support her family financially by running a photography business since photography has been her hobby since childhood. Now, she wants to expand her project by buying another camera to start launching her project and earn profit from it. However, she doesn’t have enough money to do so. For this reason, she has applied for this youth loan.
This loan is helping support a borrower who is 30 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources.
I wish Duha all the best with this, and hope her goals lead her from passion to profitability.
This loan is now under the 43Things lending team and still raising funds. If anyone would like to join me, please do! The link is here – Fully funded!5 months ago
The Espiritu Santo communal bank is entering its eigth cycle in Pro Mujer as part of the regional hub of Los Andes. It is made up of eight members and is led by a board of directors of which Lucia is the president. The members are involved in the following businesses: selling potatoes, selling sweaters, blanket-weaving, selling juices, selling toys and selling fruit.
The loan they are taking will benefit small businesses in which Lucia is a member. She states that she joined Pro Mujer four years ago after having been invited by a sponsor who visited her at her home. Currently, she has a business selling quinoa. She started this business based on a suggestion from her in-laws. After she got matted, she decided to open her own business. It is nowhere source of income.
The loan she is seeking will be used to purchase seeds which she will purchase in La Paz, and later sell the harvest in her store. This line of work allows her to earn an income to support her family since she is married and has one son. When asked what she liked about Pro Mujer, she said she enjoyed the health care offered by the institution.
Translated from Spanish
by Kiva Volunteer Roberto Henry
View original language description ↓
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva’s Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower’s loan. The other members of the group are not required to use their loans for the same purpose.
Tags 6 months ago
Mutabazi Group got my fortieth loan to help stock their general store in Burundi, a country in central Africa where the average annual income is listed as $400. 6 months ago
It’s been awhile… but my intentions are always good. A new year, starting it with something good as well.
Mildred, age 29, is a married woman with two children, both of whom attend school. She owns a house that has neither electricity nor piped water. Her greatest monthly expense is food for the family and school fees. Mildred operates a grocery vegetables selling stall. She sells at the market to town dwellers and neighbors. She faces a challenge of high cost of transportation to her place of operation. She dreams of expanding and establishing a wholesale business in the future.6 months ago
A group loan for a Lebanese women’s group to help a member buy current season fruits and vegetables to make preserves and to increase her clothes merchandise. 7 months ago
Dezi is married with six children and two of her children go to school. She also takes care of additional family members (grandchildren). She has a business of selling green bananas and has been in this business for 19 years. She has applied for a loan to buy more bunches of green bananas. 7 months ago
Mwaka has been a merchant for ten years and a member of a business association “Chance.” She is 32 years old and a mother of four children, of whom two are students and two others are still very young. Her husband is a soldier. Mwaka is a vendor of charcoal and cassava flour. She started her business with funds from her mother. She is setting up her business in a warehouse at the city market and is requesting a loan from Hekima to increase her business. She is going to purchase 10 sacks of charcoal and 5 sacks of cassava. 7 months ago
I’m certain this was on my list at one point.
Hadn’t been on Kiva for quite some time, but I logged on tonight and made 7 loans bringing me up to 39.
Almost there! I’m so close I almost considered just funding the last few, but I’ll wait until I get some repayments. 7 months ago
Fred, is a father of six with a wife. He is an agriculturalist, who rears mainly cows, a skill he gained from his father who was a predominant cattle-keeper.
He sells some of the cows that are no longer strong enough to give birth as well as the young bulls.
He is applying for a loan so that he will buy good cows and later sell the old and ill-looking ones in his stock. He is hard-working and resilient. He is excited about the partnership with Kiva. 7 months ago
Serathine is age 34. She is married with two children. She would like to use the Kiva loan to support labor costs and buy fertilizers during maize production, in order to increase their production. With profits from her farming she wishes to invest in her business so that in the future she can acquire machines and tractors that will enhance her farming capacity.
The agriculture sector accounts for 37% of Rwanda’s gross domestic product and generates 65% of Rwanda’s export revenue, and employs approximately 90% of Rwandans (as of 2009). Despite the importance of agriculture to Rwandans and their economy, financial institutions view lending to fund agricultural activities as a high-risk proposition because the profitability of these activities is affected by weather, natural disasters, and price fluctuations. For this reason, farmers in Rwanda remain underserved by financial institutions. Urwego Opportunity Bank is expanding into this market and is happy to provide Kiva lenders with the opportunity to support Rwandan farmers. 7 months ago
“Saida is married and has two children. She lives in a small village in the north part of her country. The only source of income for the family is from agricultural activities. They have milking cows and sell milk at local markets. It is hardly enough to provide food for the family.
Saida wants to develop her business but she does not have money to buy more cattle. She is requesting a loan, which she will use to increase the number of cattle. With the profit, she hopes to improve her living condition.” 8 months ago
Received three repayments today and made my 20th load today – an agricultural loan in Cambodia! 9 months ago
Since I can’t do much to help people in Syria, I loaned money for a vegetable business in Lebanon. Introducing Mona: http://www.kiva.org/lend/602842 10 months ago
Fridah is 55 years old and in the business of poultry raising. She has been in operation for the past two years. Her plan is to use it to buy more chickens and chicken feed. 10 months ago
Napié lives in the Vakpossito quarter with her five children. She started a food products business and corn porridge restaurant from her home ten years ago. This micro credit is necessary for her to buy one bag of corn and thirty yam tubers. 10 months ago
School supplies to bolster her growing business