September Kiva Loan

The start of school left little time for blogging, but I did manage to find time to make my September Kiva loan.

Akouavi lives in Togo with her young son. My loan will help her buy four jugs of oil, two bags of rice, two bags of beans, one box of tomatoes, two boxes of sugar, one box of toilet paper, three boxes of chicken, and two boxes of fish. I love her specificity!

Image from Kiva

 

August Kiva Loan

August’s Kiva loan goes to Cecilia from Mexico. She owns a stationary shop full of school and crafting supplies: two things I love! Read more about her below:

photo from Kiva profile page

Cecilia is a hardworking and enterprising woman. In order to have an income, six years ago she started a stationary store in her house which is located on one of the busiest streets in town. The business is called “Papeleria UPS2” and offers a variety of school supplies like pencils, pens, hole-punchers, notebooks, backpacks and more. The requested loan is to stock her store to be prepared for the new school year when they will have lists of supplies needed for kindergarten, primary school and high school. This way she will make more money.

July Kiva Loan

The idea.

Back in January, my book club read Half the Sky: Turning Oppression into Opportunity for Women Worldwide by husband and wife team Nicholas Kristof and Sheryl WuDunn.

photo from amazon

The book opened my eyes to the challenges many women face: sex trafficking, gender based violence, and maternal health issues. It also inspired me. Women (and men) taking a stand, sharing their stories in hopes of making a difference. I was moved to action when I read Jill’s plan to provide a monthly microfinance loan through Kiva.

Not sure what mircrofinance loans are? Check out this short video.


The plan.

Once a month, lend money to a Kiva borrower. The borrowers repay me through Kiva and then I can withdraw or reinvest my money.

My first loan.

For July, I chose the Pabaquit Group from Guatemala. Here’s a little about them:

photo from kiva profile page

Mr. Ricardo is married, 37 years old, completed five years of primary school, and has eight children, one of which is school. He works in trade, selling clothing and other merchandise. He started this business as an itinerant vendor, and today, has 15 years of experience. He counts on the support of his wife, who takes care of the domestic tasks.

He decided to organize a group to request a loan that will help him to buy merchandise like socks, scarves, sweaters, jackets, pants, hats, etc. The rest of the group members work in various activities, such as trade and animal husbandry. Ricardo hopes to see his business with its own premises someday.

Guatemala holds a special place in my heart as one of my first international experiences. The perfect place to start!