EcoJoia Makes 6th Kiva Loan

This quarter EcoJoia gave three loans through Kiva, thanks to proceeds from EcoJoia Fund products and repaid Kiva Loans. Kiva is an organization that facilitates micro-lending to help those in need help themselves. This quarter’s loans were given to a crafts woman in Peru, an agricultural worker named Tarafat in Azerbaijan, and to support the Rwanguhya United Assc Group for family education expenses in Uganda.  

The crafts woman from Peru is 44 years old and she makes and sells handicrafts.  The loan she requested will help her purchase alpaca wool so she can expand her business in making caps, socks, and scarves.

Tarafat Azerbaijan’s loan will help her purchase seeds and fertilizer and improve the quality of her land. She is a 37-year-old farmer who has been raising fruits trees for ten years. She normally sells her crops to the local people or takes them to the central city bazaar. 

Charles is a member of the Rwanguhya United Assc Group and is a forty-two-year-old married man with nine children. He has been selling maize flour and soap for ten years. His vision for his loan is a wholesale business plus an educated family. Charles needs the loan to pay school fees.

July 13, 2011   16 notes

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