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Tuesday, October 16, 2012

We help a father of 9 in Mozambique

This is our 58th loan through KIVA!

Here it is, my monthly KIVA plug. I love what this organisation does and also how helping people through it makes me feel.

This month we're helping Armando who lives in Mozambigue. He wants this loan to buy a cow to butcher and sell at a profit so he can support his family, which includes two grandchildren.

KIVA is a non-profit organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, KIVA lets individuals lend as little as $25 to help create opportunity around the world. Best of all (from our budget's point of view) the money comes back to us in repayments and then we get to lend it out again to some other family :)

Here's what Armando's KIVA application had to say:

"Armando is married and the father of 9 children, 2 of whom are still in School. He lives in his own house with his family and supports 2 grandchildren who live with him.

He is a military pensioner and with this loan he intends to buy one head of cattle to put down and resell the meat."

KIVA gives you the chance to make small loans to borrowers working to start businesses and improve their lives. We're already lending on Kiva and thought you'd like to join me!

Here's a link - LINK!





3 comments:

Nicholas said...

Very wonderful work you did for him. Congratulations and keep up your wonderful service.

Tracey said...

Thank you for this - it made me take the opportunity to do this as I had been thinking about it for a while. I now have been able to assist 14 people with their loans (13 raised and one almost there). It is the cost of a family takeaway which we could certainly do without or coffees for a week if you were going to compare. Regards Tracey.

Unknown said...

Wowsers! And in such a short period of time. That is fantastic, Tracey. Another joy of this form of assistance is when the repayments come in and you realize these people are achieving their goals and making their lives that much better :) I see you're part of the Australia team. So are we. We're also a part of Paying It Forward, if you'd like to check them out :) http://www.kiva.org/team/paying_it_forward


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