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Kiva is an online organization that takes donations from contributors and loans out that money to entrepreneurs in developing countries around the world. The loans are then paid back at an agreed upon rate, the money is credited to the contributor, who can then make another loan.  

Here are just a few of the people that have loans that we currently carry:

Scarleth Del Rosario is a 23-year-old student in law in Managua, Nicaragua. She is married and has one son. She is using the money from her loan to help her through the final stage of her education. When she starts practicing law following her graduation, she will be able to plan a better future for her son.

Vu is from Bac Ninh, Vietnam. She and her husband operate a carpentry shop and a farm. The loan she made is for the purchase of more wood to continue the carpentry work. She hopes to make a better life for her children by enlarging the supply of raw material for her shop. This is the second loan from Kiva, the first of which was paid back as promised.

Tengiz is from Khoni, in the country of Georgia. He owns a small farm where he grows kiwifruit. He also has a store selling goods to the people in his area. The loan that he took out has gone for the purchase of anti-parasite drugs to sell to local farmers. This loan was recently paid in full.

Another loan that was recently paid back is one made to Norma. Norma lives in Latacunga, Ecuador, where she and her husband own a brick-making shop. She used her loan to buy supplies to make concrete blocks. The demand for building materials is very high in her area, there is a high demand for the product.

This is just a few of the borrowers that your money is going to help people improve the lives for them and their families. Soon, we hope to improve more lives by continuing to loan out the money that is repaid from previous loans.

Jerry Buchanan, Chair, Social Action Circle

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