NORTON META TAG

29 June 2011

MY LATEST LOANS THRU KIVA 29JUN11

I just made 3 loans through KIVA and it didn't cost me a penny, just used the money that had been paid back to me from earlier loans! KIVA is so cool, click the header to check them out.....

Dulce Maria Group
In this Group: Juana De Jesus Del Rio, Anatolia Hernandez Hernandez, Maria Luz Morales Garcia, Magdalena Morales Garcia, Lizet Maya Chavez, Susana Gomez Quintero, Patricia Morales Garcia, Valentina Gonzalez Trevilla, Clotilde Chavez Flores
A portion of Dulce Maria Group's $3,350 loan helps the borrower described to invest in a range of sweet treats
80% raised, $650 to go

$25
Repayment Term:
6 months (more info)
Repayment Schedule:
Monthly
Pre-Disbursed:
Jun 13, 2011
Listed:
Jun 26, 2011
Currency Exchange Loss:
Covered
Default Protection:
Not Covered
Your funds will be used to backfill this loan.
Repayments will go to you.
This group is called "Dulce María" (Sweet María) because one of the ladies sells sweet treats and is called María Luz. The group is located in the State of Mexico and has nine members. Luz is the group's treasurer. She is 36 years old, has an elementary school level of education, and has three children (one daughter and two sons). Her business is selling sweet treats and she has been in this business for five years.

Luz is requesting a loan to invest in a range of sweet treats that her customers are requesting. Most of her customers are children. She receives large orders from children's parties and this is where she makes her best sales. With the profits from her business, she would like to save up and continue requesting loans so that she can eventually obtain her own fixed premises. She feels happy because she is able to contribute towards her family's expenses and also support her children so that they can study and become professionals.
El grupo se llama "DULCE MARIA" porque la señora vende dulces y se llama Luz, esta ubicado en el estado de México, esta conformado por 9 integrantes, la señora Luz es la tesorera del grupo, tiene 36 años, estudio la primaria, tienen 3 hijos (1 mujer y 2 varones) ella se dedica a la venta de dulces con el cual lleva 5 años, solicita el prestamo para invertir en variedad de dulces que le solicitan sus clientes ya que la mayoria son niños así como para fiestas infantiles que es donde le realizan pedidos grandes y son sus mejores ventas, con las ganancias quiere ahorrar y seguir pidiendo prestamos para posteriormente tener un local fijo, ella se siente contenta porque puede contribuir con el gasto de su familia, además de apoyar a sus hijos para que tengan estudios y una carrera profesional.

Additional information about this loan

About CrediComun

This loan is administered by CrediComun, a Kiva Field Partner since February 2010. CrediComun is dedicated to providing loans to groups of women in rural areas in Mexico, and is beginning to lend to individuals as well. One of its newest branch offices is in Ciudad Neza, a poor suburb on the outskirts of Mexico City. CrediComun has grown rapidly since its inception in 2005, with 37 branch offices and over 350 employees, and was ranked the 12th best microfinance institution in Latin America in 2010 according to the Microfinance Information Exchange (MIX).

For more information on CrediComun, please visit its partner page. If you would like to support CrediComun and its borrowers, please visit its lending team.

This is a Group Loan

In a group loan, each member of the group receives an individual loan, but is part of a group of individuals. The group is there to provide support to the members and provides a system of peer pressure in repayments of loans. However, groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, the members of the group are responsible for paying back the loans of their fellow group member if someone is delinquent or defaults. Learn More

About the Country

Country:
Mexico
Avg Annual Income:
$11,249
Currency:
Mexico Pesos (MXN)
Exchange Rate:
11.8061 MXN = 1 USD
Jemah
A loan of $150 helps Jemah to purchase cooking ingredients
66% raised, $50 to go
$25
Repayment Term:
12 months (more info)
Repayment Schedule:
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed:
Jun 29, 2011
Currency Exchange Loss:
Possible
Default Protection:
Not Covered
Your funds will be used to backfill this loan.
Repayments will go to you.
Jemah is 49 years old and lives in the West Point area. She’s married and her husband is a teacher. They have 4 children between 18 and 35 years old, all of whom live at home. For the past 10 years she has been preparing and selling cooked food. She started the business with help from her daughter.
Her main challenge is earning enough in the school holidays when her husband does not get paid. What she likes about this business is selling to customers. Jemah has requested this loan. In the future she would like to own her own home.

Additional information about this loan

Note About BRAC Liberia Microfinance Company Limited

BRAC Liberia Microfinance Company Limited does not meet all of Kiva's minimum criteria as it has less than 2 years of operating history (the company began microfinance activities on 5 March 2009).

About the Country

Country:
Liberia
Avg Annual Income:
500
Currency:
Liberia Dollars (LRD)
Exchange Rate:
72.0000 LRD = 1 USD
Calvin Odede
A loan of $225 helps Calvin Odede to purchase motorcycle spare parts like spokes, tyres, and oil.
33% raised, $150 to go
$25
Repayment Term:
11 months (more info)
Repayment Schedule:
Monthly
Pre-Disbursed:
Jun 22, 2011
Listed:
Jun 29, 2011
Currency Exchange Loss:
Possible
Default Protection:
Not Covered
Your funds will be used to backfill this loan.
Repayments will go to you.


Calvin is a single man who owns a house that has electricity but not piped water. His greatest monthly expenses are food and school fees for his younger siblings.

For the last two years, he has operated a spare parts shop. He sells retail to his neighbours and passersby. Calvin faces a major challenge of seasonality in her business. He dreams of becoming a leading spare part dealer in the future.

With the Kshs 20,000 he wants to purchase motorcycle spare parts like spokes, tyres and oil. He decided to join Yehu to access loans to boost his business.

About the Country

Country:
Kenya
Avg Annual Income:
$1,445
Currency:
Kenya Shillings (KES)
Exchange Rate:
90.2500 KES = 1 USD

No comments:

Post a Comment