KIVA LOANS MADE IN JULY

The KIVA loan team (Thank you Jackie, Sharon, Charlie) loaned a total of $ 300.00 to five people from five different countries. Their pictures and stories are told here.  The Team is scheduled to meet again in October. We are starting with a balance of $57.00, they are hoping our repayments will allow us to loan another $ 300.00 or more the next time we meet in October.

Daniel Ernesto's story  Daniel is single and from El Salvador and has no children. He lives with his mother, who is economically dependent on him. He doesn't have relatives living overseas.                                                                       Daniel's business is making and selling hammocks. Both he and his mother are involved in their production. They work from 7am to 4pm. Daniel says that he learned his trade with help from his mother, and he established his business 10 years ago.He is requesting this loan to obtain the economic resources needed to expand the inventory of his jarcia [the craft of weaving agave fibre] business. The investment will consist of purchasing silk and polyester thread for the production of hammocks, and also to pay for labour. He hopes that by injecting working capital into his business, hammock production will grow as will his income

Val Marie's story   Val Marie is 28 years old and a single woman from the Philliphines. She and her family live a simple dwelling in Baybay, Leyte. To earn an income, she runs a hog-fattening business. She has been in this business for many years. She has requested the amount of PHP 40,000 through KIVA’s field partner CEVI, (A Microfinance NGO) in the Philippines. She will use this loan to buy hogs and feed. Val Marie dreams to expand her business in the future and become productive.

Benendetta's story.  Meet Benendetta, a 45-year-old mom pictured above. She is a farmer from the remote village of Wote, which is situated in the Eastern province of Kenya. The living conditions in this area are tough because there is no clean water or electrical connections.  In the Kitale area of Kenya where Benendetta is from, most people depend on agriculture to earn a living. Their biggest challenge is a huge deficit in access to agricultural inputs, which means that farmers' yields and incomes are far below what they could be.

Safaa's story.  Safaa is 41, married and lives in Egypt. with two sons and a daughter. Her husband is a worker with a low income. She and her husband cultivate a small piece of rented agricultural land with parsley planting. She asks for a loan to buy seeds, fertilizers, and some agricultural supplies.
She wants to expand the project and sell to traders in her village. She seeks to improve the family’s living conditions. She and her husband work really hard and are also ambitious to have a small car to make movement easy from one place to another for selling.

Smar's story  Smar, who appears in the photo, is a wonderful hardworking woman who tries her utmost to make her family live a decent life. She is a 46-year-old, living with her family in Jericho, West Bank.
She works in sewing embroideries and makes some gifts of chocolate and candy to sell to customers upon request, in order to meet her family's needs.
She wants to improve her business and she has requested a loan to buy materials, tools, and other needed supplies for her work. This will increase her production and enhance her income.