kiva.jpgAs International women’s day was celebrated worldwide the focus this year is about helping to forge a better more inclusive and gender equal working world.  With this in mind, we were scouring social media feeds and came across this great statement;

“We envision a world where all people hold the power to create opportunity for themselves and others.”

This is the ethos of a fantastic project we have just discovered known as Kiva, which is a non profit organisation supporting people looking to create better future for themselves, their families and their communities.  The unique thing about this organisation is that the money collected is a loan and not a donation; and the idea behind it is simple, you loan a certain amount to a specific project, this gets repaid allowing you to then fund another.  Kiva loans aren’t just about funding the money they are also a way to build a relationship with members of the community you are supporting.

The idea of this organisation really resonated with the Good2Great team. After all, realising the dreams of business owners is at the forefront of what we do and what better way to do that than to support a new small business?  A loan of this type provides small businesses and entrepreneurs around the world with access to funding in areas where there are limited alternative sources of finance.

As Kiva state themselves, “A loan enables someone to grow a business and create opportunity for themselves, it creates opportunities for others as well. That ripple effect can shape the future for a family or an entire community.”

We hope to keep you up to date with Fatmata and the Marantha group as their businesses grow.

If you would like to support someone with a Kiva loan, Click here: Kiva

View current activities

A loan of $225 helped to purchase more rubber bowls in large quantities to increase her business.
This is Fatmata a 38-year-old woman from Waterloo branch in Sierra Leone. She is married with one child.

Fatmata runs a business in a marketplace where she sells different kinds of rubber bowls in small and in large quantities to her customers. She has been in this business for the past 10 years now and she works 12 hours per day and 6 days a week. Fatmata requested this loan to enable her to purchase more rubber bowls in large quantities to increase her business. She says that the extra income from this loan will help to educate her child and thus improve her life chances too.  In the future, she would like to see her business extend to a shop. We are very honoured to be able to support Fatmata in taking the next step with her business and look forward to following her journey.

Proud to announce that due to the success of this business means the loan has been 100% Repaid
A loan of $2,050 helped a member to buy more groceries for sale and expand her business.
This is the Marantha Group, Maranatha is a group led by Victoria, who is 42 years old and married with three children.

The group is made up of 11 hardworking members who are very much dedicated to their field of business.

This helps to improve their standards of living, Victoria sells groceries, and she has been running this business for the past 5 years.

With the loan she would like to buy more groceries for sale and expand her business in Ghana.

April Loan
Proud to announce that due to the success of this business means the loan has been 100% Repaid
A loan of $3,100 helped to buy dozens of solar lamps to sell.
Christiana has already successfully repaid her second loan with Kiva. 
As a result of the loan, she created two more jobs and earned an annual profit margin around 35%.

Now she would like to go further in growing her small business. 

Eco-friendly products are on the rise, so she would like to increase her inventory of these items to add some variety to her business. 

Christiana relies on the Kiva lenders to support her business in Haiti.

May Loan
A loan of $1,500 helps to buy materials like paper, paint, wire, plastic, glue, etc. to make and sell floral arrangements.

Francisco was able to go to school until fifth grade. His partner earns a living selling flowers and they have three children, of whom only their daughter lives with them.

Francisco earns a living selling floral arrangements for all types of events. He has 10 years of experience and learned from his family. He also makes trips in his vehicle, which also serves him to sell the flowers. He works from 6 a.m. to 5 p.m. and his daughter helps him.

He needs the loan to buy materials like paper, paint, wire, plastic, glue, etc. to make and sell floral arrangements. Francisco dreams of having a better business in the future and his loan will help him to start achieving his dream.

June Loan

A loan of $1,025 helped to buy an additional stock of purified water to sell.

Mary Grace is 46 years old, a married woman with one child. She is a very hard working entrepreneur. 

Mary Grace has a purified drinking water business in the Philippines. She requested a PHP 50,000 loan amount through NWTF in order to buy an additional stock of purified water to sell.

Mary Grace has been in this business for four years. She would like to save enough money to expand her business.

July Loan
A loan of $1,000 helped a member to restock second hand bales of clothes for the winter season.

Wise Ladies Group

Theresa is a 42-year-old single mother of 4 children. She lives in Chitungwiza. Life's challenges caused her to try many business ventures, leading to the one which she appeared to be good at: selling second hand clothes. 

Every morning, Theresa sets her stall strategically beside a crossroad that connects two locations close to where she lives. She restocks from local wholesalers of second hand bales of clothes in Harare. 

Through her trade, putting food on the table and taking care of her children's needs has been easy, and she is looking forward to growing her business. She used her loan to restock second hand clothes for the winter season.

In this group: Theresa, Lilian A.

July Loan
Proud to announce that due to the success of this business means the loan has been 100% Repaid
A loan of $925 helped to buy a new sewing machine and fabrics to start a sewing business.

Latofat is a well-educated woman from the Shahrituz district. She is 45 years old. She is a teacher by profession and has already been working for many years in the local school.

Latofat is married and she has three children who study in the school. Her husband is currently in Russia. They have financial trouble, because the children are growing and the family expenses are growing, too. 

Latofat knows that it is difficult to live on a teacher's salary, so she decided to take on a second job.  

She plans to open her own sewing business, since she knows how to sew and cut dresses in the national style. She would like to earn more money using her talent, and provide her children with a bright future. However, in order to start this business, it is first necessary to buy a sewing machine and fabric, which she doesn't have enough money for. Latofat is turning to Kiva's creditors with hope for support and believes that she will succeed.

August Loan

A loan of $10,350 helps to increase sales by purchasing racks of soft drinks.

Jean Michelet has been running a soft drinks store for more than four years. Actually, he loves to sell soft drinks, and even his children are involved in supporting this business.

A few months ago Jean Michelet invested in a new space, which reduces his cash flow. Therefore, he is not able to afford the large quantity of beverages that he used to offer, and finish the building. 

As he was referred to Zafen, he kindly learned new tools for business skills and marketing. 

He provided strong guarantees that this loan's requirements will be honored. As a result, Jean Michelet hopes to find this loan through Kiva and that he will be able to create at least three jobs for three young people.

A loan of $675 helped to buy more raw materials for her embroidery business which will make her more effective and further establish her business.
Naseem Bibi is a 39-years-old who is a married woman living in the area of Lahore, Pakistan. She has been doing embroidery works at home for the past five years to support her family members. 

She embroiders and then she sells embroidered dresses in her town. She has a regular list of customers and makes enough to contribute to the family income. 
She has become an expert in embroidery work and wants more raw materials for embroidery business so that she can easily cope with the increasing demand for her arts. She hopes to increase her earnings through large sales.

She wishes to utilize a portion of revenue to provide a quality education for her children.
A loan of $3,425 helps to purchase 250 water filters to sell in his community.

Rudi lives in Lepadi village on the island of Sumbawa, a remote and poor island in eastern Indonesia. He is a father of three and is the owner of a building materials store in his home village. Rudi became the head of the village’s municipal organization of sanitation entrepreneurs, which was founded with the help of the NGOs Simawi and Plan International.

As in any other part of Indonesia, you better not drink the water from the tap in Sumbawa. In fact, very few people have a piped water connection anyway. For that reason, households boil their water using ever more expensive LGP or wood. Boiling water is time-consuming, and it is not effective in treating turbid water.

Nazava water filters turn dirty water into water that is ready to drink without the need for boiling it first. Rudi learned about Nazava water filters at a training session in November, 2016, and he is convinced this is a great solution for the drinking water issues in his area.

Rudi has applied for a second loan through Kiva's field partner Nazava to buy an additional 250 filters to sell through a network of entrepreneurs within his organization. The products will supply safe drinking water to 1,250 people.

A loan of $300 helped to buy more ingredients that will be used to prepare cooked food to sell.

This is 45-year-old Tennie. She is married with four children ranging in age from 20 through 29 years. All of her children are presently in school.

Tennie is a college student. She runs and operates a business where she prepares cooked food to sell. She started this business with her own money and also learned this trade by herself. She uses a taxi to transport supplies to her business site.

Tennie sells six days a week and 10 hours each day. She says at times sales are slow. To maintain her business, she had asked for a loan facility to buy more ingredients that will be used to prepare cooked food to sell.

She likes her business because it generates a fast profit. In the future, she would like to increase her business and have her own place. She appreciates the BRAC and Kiva communities.

A loan of $50,000 helps to expand cacao purchases at 2x market prices from 100% organic farmer associations and increasing their income.

Pacari, started by Carla Barbotó and Santiago Peralta (image 1 in the center) created Ecuador’s first locally manufactured, premium chocolate bar. 

Pacari aims to benefit both consumers and producers. Pacari works directly with its cocoa growers to ensure farmers are trained and can deliver high quality cocoa. 

Pacari’s chocolate is 100% organic, soy free, gluten free, and dairy free. Pacari pays farmers for quality, offering roughly 2x the market price for their cocoa beans. 

Pacari currently works with 3,500 farmers, for cocao and other ingredients such as golden berries, Andean blueberries, salt, chile, and guayusa.

A loan of $900 helps to purchase wood to resell.

Mrs. Ảnh is 42 years old and she is married with 2 children. She is an ethnic minority living in Thach Thanh district, a mountain town in Thanh Hoa province, very far from the center. She speaks ethnic minority languages and rarely goes out of the village, so she has no opportunity to access financial services.

She has had a retail business selling woods for 8 years. Her family is a low-income household in the village, and, moreover, the market need is low in this region.

Ảnh is a reputable person in the community. This is her first loan in Thanh Hoa Microfinance Institution.The main hardship that Ảnh faces is lack of capital. She is requesting a loan to purchase wood to resell.With her business profit, Ảnh hopes for her business to do well, for her children to find a good job, and for her family to be healthy and happy.

A loan of $725 helped sell charcoal. She dreams of generating employment and therefore wants to increase her productivity.

María is a 55-year-old businesswoman who sells charcoal. She is an Interact customer with an excellent payment record.

She is again requesting a loan to buy charcoal in large quantities.

Thanks to the loans, this head of the family, who is a fighter and a brave woman, has been able to progress, increase her sales, improve her quality of life and pay her obligations on time. 

She seeks to grow and be one of the most important distributors in the area and generate employment. And she will be very happy as a result of her business and what she achieves with this, such as a home of her own, travel, among other things.

A loan of $5,825 helped to fix the ceiling of her workshop and to pay for new cloth.

Helene began sewing her own curtains 20 years ago. When her neighbors and ‎friends saw the beauty of them, they asked her to sew for them as well. Her ‎husband and her parents encouraged her to begin selling her curtains and ‎drapes and thus her business began. At first she worked from home, but as ‎the demand grew she opened her workshop and store in the center of her ‎town. Helene is known for the beauty and quality of her curtains and drapes ‎and customers come from all over to purchase from her.‎

Helene needed this loan to fix the ceiling of her workshop and to pay for new cloth.‎

Helene was approached by different colleges to teach courses but since she is ‎not certified, she could not do so. She wants to one day gain this certification ‎to provide such courses and also open another workshop as a second branch.‎