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Kiva; August Update

Here is our monthly Kiva update for you! We are super proud to share with you that this month, with your help, we have raised $51.65 for Kiva. This has enabled us to help fund micro loans to another 2 people, helping a total of 11 people/groups in 8 different countries so far. Please read below for more info on the profiles of the people we support.

Sponsored by Quest through Kiva; Tupendane Kongowe Group from Tanzania

Sponsored by Quest through Kiva; Tupendane Kongowe Group from Tanzania

Fatuma, a mother of two daughters who are grown up, is in her late 40s. She is married.For 18 years now, she has had a cafeteria, serving food to people. She prepares varieties of foods that attract many people. She works from 5 a.m. to midnight. She is a hardworking woman. Fatuma is able to earn a fair monthly profit.
This is her 15th credit request from Tujijenge Tanzania. Fatuma is a long-time Tujijenge customer who repays her credits well. With her previous credits, she upgraded her premise with tables and chairs, plates, glasses, and cooking ingredients such as cooking oil, maize and baking flour, sugar, kilos of meat and fishes. Tujijenge is so happy to see Fatuma improve month after month, and this enabled her to receive some extra income that she used to cover family living costs and plow back into her cafeteria.
In the coming years, Fatuma would like to own a big hotel serving varieties of foods.With this credit request, she will buy cooking ingredients for her cafeteria. She will share this credit with her group, Tupendane Kongowe, totaling four members. The group members will hold each other accountable for paying back the loan.
Sponsored by Quest through Kiva; Belinda from Phillipines.

Sponsored by Quest through Kiva; Belinda from Phillipines.

According to Belinda, 48, she wants to live a peaceful life and see herself worthy in the sight of God. She tries to be honest in all undertakings, including the management of her business.Belinda runs a variety store in Davao City. Just like other business owners, she also experiences stiff competition and lack of capital. Besides, she has many debtors who just fled and left behind their debts. Sometimes her honesty and consideration for others doesn’t always come back to her. This faith-testing situation hampers the continuous operation of her business and consequently affects her income.
Now she is the one who needs additional capital of PhP 50,000, which she can use to buy added items to sell in her variety store.
Her profit can supplement her husband’s income and sustain their daily expenditures. They are both working hard to support their children, who are still studying in college. Later on she plans to add another business such as PISO Net (a coin-operated internet café) or a motorcycle for rent.She regularly meets with her co-fellowship members to share stories of her work every week and also to draw strength and inspiration from the Word of God.
*All CCT community partners/clients are organized into fellowship groups that meet on a weekly basis. A fellowship group is composed of 15 to 30 community partners. The fellowship groups gather each week to study the Word of God, build social capital, and pay microfinance loans.

Thank you from us and Kiva!

If you feel inspired to help Kiva yourself or want to see more of the work they do, make sure you check out our blogpost here to find out why we LOVE helping them or go straight to their website to get lending.  Every little contribution goes a long way.

 

 

Kiva; June update

Here is our monthly Kiva update for you! We are super proud to share with you that this month, with your help, we have raised $125.20 for Kiva. This has enabled us to help fund micro loans to the 3 people below.

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Roselyn from the Philippines – needs feed and supplies for her livestock

Roselyn is 46 years old and has six children. She is married, and one of her children is in school.

Roselyn is in the agricultural business, raising livestock in the Philippines. She requested a PHP 25,000 loan through NWTF in order to buy feed and other supplies to raise her livestock.

Roselyn has been raising livestock for twenty years now, and has borrowed four times in the past from NWTF to sustain her business.

In the future, Roselyn would like to save enough money to expand her business.

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Elmer from Peru – needs to buy plant food and fertiliser for his crops plus pay for labour costs during the harvest

Elmer, aged 29, lives with his wife and his young son in his own home in the Cañaris district, a farming and livestock community located in the Ferreñafe province of the Lambayeque region on Peru’s northern coast.

He has been growing coffee for the last 10 years, and has regular clients who have given him good personal and professional references. The loan will be used to buy plant food and fertiliser for his crops, and to pay for labour during the harvest, which he hopes will allow him to offer his clients a better product, increasing his earnings so that he can improve his family’s quality of life.

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Mango Group 3 from Guatemala – need money to expand the stores and continue to fatten and sell pigs

Rosa began working with her father at the age of 6 years.  She worked in the fields using a machete. Rosa worked harvesting cardamom and coffee but the work was too hard.  She was one of 11 siblings – 6 boys and 5 girls – she said she does not remember her father.

Rosa has been using the credit from Kiva Partner Asociación Chajulense de Mujeres – Unidas por la Vida for two years, and is getting now her third credit.  She used her first credit to initiate a store for selling vegetables.  She also invested in pigs and fattened them up.

With her second credit she began selling other products in her store and continued buying and fattening pigs.  Now, with her third one, she will use her credit to expand her store and use part of the credit to continue fattening and selling pigs.

Rosa considers that the financial help that she obtains from Kiva and the Association of Women United for Life has given her the opportunity to contribute, with her husband, to achieve better health, feeding and education for their children.

Rosa is the leader of Mango Group 3 (Mango Fruit).  The group is formed by 9 women – average age is 38 years and in average they have 4 children.  The average amount of the group loan is Q 3,289. The group will invest their credit to expand their stores that sells vegetables, staple goods, or chicken meat.

Thank you from us and Kiva!

If you feel inspired to help Kiva yourself or want to see more of the work they do, make sure you check out our blogpost here to find out why we LOVE helping them or go straight to their website to get lending.  Every little contribution goes a long way.