Saturday, September 4, 2010

Kiva Update:




Location: Kant, Kyrgyzstan
Repayment Term: 6 months
Activity: Cattle
Repayment Schedule: Monthly
Loan Use: To purchase more cattle for breeding

Mamile Orozalieva is the leader of this group. She is 37 and married with a daughter and a son, both of them at school. Her husband works in construction.

In order to make money, Mamile takes orders and sews national clothes and sells dressmaking supplies. She started this activity four years ago with an initial investment of 4,000 soms and now makes 8,000 soms per month. She is also engaged in cattle breeding.

With money received from the loan, Mamile wants to purchase more cattle for breeding. In the future she wants to increase the number of her cattle and save money to provide her children with a good education.

The other group members are:

Sapargul Konokbaeva is treasurer of the group. She is forty-three and married with three children: her elder daughter is sixteen, her elder son is thirteen and her youngest daughter is two years old. Her elder daughter and son go to school and her youngest daughter is at home. Her husband is a salesman. Sapargul helps her husband in selling lime. Before, her husband was assisting his friend in selling lime but, five years ago, he decided to start selling it himself. His initial investment was only 2,000 soms but now they receive 10,000 soms monthly. Sapargul is applying for a loan in order to increase their turnover, using the loan to purchase more lime. In the future, they are planning to reinvest all their money in the purchase of lime.

Indira Shekeeva is thirty-eight and married with three children: her daughter is sixteen, her second, a son, is twelve and her youngest son, is two years old. Her daughter and her elder son go to school and her youngest son is at home. Her husband is a meat supplier while Indira works at a sewing workshop and in a cafĂ© called “Tofic”. Twelve years ago, her parents gave her a calf on the birthday of her son and she decided to start cattle breeding with that calf. Since that time, they have significantly increased the quantity of their cattle and have sold some. Now, they have a milk cow and two calves. Cattle breeding brings them 14,500 soms monthly. Indira is applying for a loan in order to purchase additional cattle to continue their cattle breeding business.

Beishebiubiu Ozhoshova is fifty-seven and married with a son twenty-two years old. Her son works abroad. Her husband is a guard at a local school while Beishebiubiu is a housewife who breeds cattle while she is at home. She started cattle breeding three years ago with an initial investment of 1,000 soms and now makes 10,000 soms. She plans to increase the number of her cattle and therefore she is applying for a loan in order to purchase additional cattle for breeding purposes. With the profits from cattle breeding, she is planning to buy a car.



Current KIVA Loans:
Location: Monrovia South, Liberia
Repayment Term: 6 months
Activity: Food Market
Repayment Schedule: Monthly
Loan Use: To buy more bags of rice, onions, peppers, palm oil, and beans
Repaid: $0.00

Gbawulu Group
Location: Monrovia South, Liberia
Repayment Term: 6 months
Activity: Construction
Repayment Schedule: Monthly
Loan Use: To buy bags of cement to make blocks
Repaid: $4.22

La Esperanza Group
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
Repaid: $23.44

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
Repaid: $14.58

Siguikadi Group
Location: Kadiolo Sikasso, Mali
Repayment Term: 8 months
Activity: Retail
Repayment Schedule: Monthly
Loan Use: Purchase of selling items
Repaid: $20.83

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: $12.50

Altantuya Lhasuren
Location: Tsetserleg, Arhangai, Mongolia
Repayment Term: 20 months
Activity: Butcher Shop
Repayment Schedule: Monthly
Loan Use: to purchase meat
Repaid: $8.34

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
Obama Group- Grocery Store produce- Dar Es Salaam, Tanzania

As of today i've loaned and re-loaned out a total of $475.00 through KIVA to 19 different groups in 18 different places all around the world. Its amazing what $25.00 here and there can do when you continue to relend!

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