Saturday, July 3, 2010

KIVA

KIVA is such an amazing organizaton and they make to so easy to help someone out by giving money for a loan.  Check it out.  Here is info on our latest loan.  We will continue to give a portion of our mat sales to KIVA or another charitable organization.

Namaste

http://www.kiva.org/lend/212068


ocation:Maendeleo, Kenya Repayment Term:14 months
(more info)
Activity:Used Clothing Repayment Schedule:Monthly
Loan Use:To purchase a bale of clothes and clothing materials. Currency Exchange Loss:Possible
   Default Protection:Not Covered
Zena is a married woman with three children who all attend school. She has been operating her business of selling second hand clothes from door to door to her neighbors and passersby for five years. With the 30,000 KES she wants to purchase a bale of clothes and clothing materials.

She faces the challenges of seasonality, especially the months of May and June during the rainy season when only heavy clothing are on sale. Zena hopes to build her own house someday in her life.

She decided to join Yehu so as to get a loan to boost her business and improve her way of living.

Zena rents a house with electricity and piped water. Her greatest monthly expense is food. 

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