Thursday, June 3, 2010

Kiva Loan: June- Paraguay

Location: Ita, Paraguay
Repayment Term: 6 months
Activity: Food Production/Sales
Repayment Schedule: Monthly
Loan Use: Materials such as sugar cane, flour, sugar and coal

The La Esperanza women's committee was created on August 17, 2006. They have an excellent record for payment, and their treatment of each other is noteworthy. Because of this and their solidarity, they continue to increase their investments and are still working together.
One of the members sells honey. She produces sugar cane honey with a manual machine with which she wrings the cane and extracts juice which can also be consumed. Later this is boiled at high temperatures to create the honey. Once she has the honey, she jars it in various sizes to sell. She sells her products at various businesses in the area.
She will use the loan to buy jars, sugar cane and other necessities.



CURRENT LOANS IN ACTION
Iyunge Group
Location: Cibitoke, Burundi
Repayment Term: 8 months
Activity: Fruits & Vegetables
Repayment Schedule: Monthly
Loan Use: purchasing bigger quantities of beans but also new products to sell her customers

Obama Group
Location: Dar Es Salaam, Tanzania
Repayment Term: 7 months
Activity: Grocery Store
Repayment Schedule: Monthly
Loan Use: to start selling water, juice and sodas at wholesale prices
Repaid: $6.94

Siguikadi Group
Location: Kadiolo Sikasso, Mali
Repayment Term: 8 months
Activity: Retail
Repayment Schedule: Monthly
Loan Use: Purchase of selling items
Repaid: $8.33

Fight For Progress Group
Location: Makeni, Sierra Leone
Repayment Term: 12 months
Activity: Food Market
Repayment Schedule: Monthly
Loan Use: Buy palm-oil, rice, and oranges in wholesale quantities
Repaid: $6.39

Altantuya Lhasuren
Location: Tsetserleg, Arhangai, Mongolia
Repayment Term: 20 months
Activity: Butcher Shop
Repayment Schedule: Monthly
Loan Use: to purchase meat
Repaid: $4.17

LOANS PAID IN FULL:

Zenaida Daing- Farming, Sta. Josefa, Agusan Del Sur, Philippines

Elizabeth Aidoo- Food Market, Wiawso, Ghana

Mobateli Plus Group -Manufacturing, The Democratic Republic of the Congo

Paz y Amor Group -Fruits & Vegetables, Dominican Republic

Dustmatov Eralboy - Livestock, Tajikistan

Seccelambras Group -Food Production/Sales, Peru

Rashidat Mumuni -Fish Selling, Nigeria

Karla Vanessa Montiel Barahona -Housing, Nicaragua

Eal Nub -Fish Selling, Cambodia

Atim Irene's Group -Medical Clinic, Uganda


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