Our family has always given what we could to help people in need. We have made many donations privately to people and causes over the years, even in times when we ourselves had very little to share. This is because we firmly believe that there is an alchemy in giving. We have seen it time and time again, that when we give selflessly, we receive what we need to keep going. We’ve learned that it does not matter the amount that you give, or if the person you gave to spends it foolishly. What matters most is that you do give, and that you create a transaction coming from a place in your heart that says “Thank you universe”.
At the beginning of 2015 we decided to switch our current private giving over to Kiva loans and give 10% of our proceeds to help fund people who need money to create a livelihood for themselves and their families. We take this simple act of giving very seriously, because in our minds we believe that by doing so we are investing in the cosmic bank of abundance from which we will continue to receive what we need. If you want to make withdrawals, you have to also make deposits.
In the last 5 months we have funded 32 Kiva loans to help people with amazing stories. We are happy to share this months stories here in this report. And as a special treat, we have a beautiful heartwarming update from our very first Kiva Loan!
Muhammad is a 24-year-old single man from Jabalia City. He lives with his family in a small house. He works in the distribution of goods on a rickshaw.
Muhammad would like to improve the family’s living conditions and buy all the necessities.
Muhammad took a USD loan from FATEN. This loan will help him to buy a solar system for heating water. This will help him to provide hot water for the family house without using electricity. Muhammad appears in the photo. View His Fund Here: http://www.kiva.org/lend/892074
The borrower is Valentina. She is in a common law marriage and is 40 years old. She has 3 children. She works in the cattle business. She fattens the cattle and sells them in different markets. She works from 8:00 a.m until 6:00 p.m. She is a hardworking woman who is a fighter. Through this business, she gets her children ahead. She wants to get ahead with this business and her dream is to expand the cattle sales. She is asking for the loan to buy feed for the cattle. View their fund here: http://www.kiva.org/lend/891478
Ms. MARIAM, the person second from the left in the photo, intends to use her loan to purchase 60 lengths of ‘pagnes’ (the colorful cloth of western Africa). She makes her sales in KOLONDIEBA. Her supplies are gotten in BAMAKO. Her mixed customer base pays with cash.
She plans on making an average monthly profit of 25,000 francs CFA. This profit will enable her to pay back the loan and help out her husband in covering day-to-day expenses. View their fund here: http://www.kiva.org/lend/889358
Vinh, born in 1988, is a Thai ethnic woman. Her family has four members, including her husband, her daughter, her son, and her. They are living in Mai Son district, Son La province.
Her family’s main income is from her meager salary so the income is just enough to cover the family’s living expense and save a small amount.
She intends to build sanitary works (latrine) for her house but the saved amount is not enough to buy materials. Therefore, she wants to take a loan for this purpose.
She will work hard to get money to repay the loan from M7-MFI on time, and she hopes that the loan will help her family have a tidy sanitary work (latrine); every member of the family will have better living conditions. View their fund here: http://www.kiva.org/lend/888294
Vandy is a rural villager living in Kampong Cham province. She is 28 years old and a mother of a small child.
To overcome her family’s hardship, Vandy has grown rice for ten years and earns about 35,600 KHR per day on average.
Now Vandy is applying for a loan with VisionFund, Kiva’s partner, to buy seeds and fertilizer for her farming. She hopes to increase her average income through expanding this current business. View their fund here: http://www.kiva.org/lend/881901
Heres a Happy Update from our Very First Kiva Loan!
Raziyaben from rural Gujarat in Western India thanks you for your loan. She received it through Kiva as a part of the Piran Pir Mahila Mandal, the joint liability group she leads. Raziyaben had sought a loan to expand her family’s vegetable selling business. Her mother has been running this business from 20 years now and a few years ago, Raziyaben also started helping with the shop. “All our family members help in running the shop in whatever way they can,” says Azra, Rariyaben’s mother.
They have a small shop in the front room of their house and all the neighbors also find it convenient to buy vegetables from a nearby shop rather than going so far off in the town market. With her share of the loan amount, Raziyaben paid a deposit to the wholesale vendor she buys vegetables from. They buy vegetable and sometimes also fish, on a daily basis. Raziyaben’s brother drives a vehicle for rentals and he is the one usually responsible for bringing supplies for the shop. “Most of our customers are service class, so they pay us at the end of the month. Sometimes when we have other expenses, it becomes difficult to invest beforehand to buy the vegetables,” share Raziyaben. With your help, Raziyaben had enough money to pay off their vegetable supplier and kept her business going.