September 2016 Update
We have had a significant number of partial Kiva loan repayments! So we have done another round of investments into our lending program.
We have helped fund Mario in Bolivia and Kantaben in India.
July 2016 Update
We have now had 3 Kiva 100% loan repayments! And, of course, we have reinvested that money into our lending program.
Most recently we have helped fund Juvy in the Philippines and Nicholas in Kenya.
May 2016 Update
In April, we celebrated our first Kiva 100% loan repayment, with our lending program just now entering its seventh month of existence!
Meet Hermenegildo, our first borrower to complete his loan repayment!
His loan repayment allows us to re-extend those funds to another deserving entrepreneur who needs a helping hand.
For this, we say thank you to him and to Kiva for making it possible for us to support and foster the entrepreneurial spirit worldwide. As of today, we’ve made 24 loans assisting small business owners in 18 different countries!
March 2016 Update
We were delighted to take advantage of the offer to double any loans made to women on International Women’s Day, Tuesday, March 8, 2016.
We now have 19 active loans in place in 15 different countries!
January 2016 Update
In just 2 months, we’ve been privileged to provide 14 loans to enterprising business people in 13 countries.
This allows us to continuously re-loan the repaid amounts to help even more entrepreneurs establish or grow their businesses.
Starting this month, a portion of guide listing fees will be used to support microlending in the developing world, and a contribution will also be made for every traveler sign-up.
We have kicked off our team with contributions that helped the following borrowers achieve their full loan funding:
- Hermenegildo, a journeyman worker in Peru who is in need of additional tools
- Linet, a supplier of firewood in Kenya who requires more stock to sell
- Nusrat, a fabric trader in Pakistan who is expanding her business with new products
- Esther, a coffee-drier in Mexico who needs building repairs for her business after an earthquake
- Devora, a produce supplier in Nicaragua who requires a variety of perishables to sell
- Janet, a seamstress in the Philippines who is short on materials and needs maintenance on her sewing machine
- Everlyne, a restaurant owner in Kenya who serves a local clientele and needs to replenish her stock of ingredients