Lending Money
Freely Give lends money to people in developing countries through Kiva -
About Kiva
We are 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.
About Microfinance
Microfinance is also the idea that low-income individuals are capable of lifting themselves out of poverty if given access to financial services. While some studies indicate that microfinance can play a role in the battle against poverty, it is also recognized that is not always the appropriate method, and that it should never be seen as the only tool for ending poverty.
Below we show the people we are lending money through Kiva
Fabiola – Nicaragua
Fabiola Margarita Mejia López
Masaya, Nicaragua
Food | Food
Started loan on Jan 20, 2012
Fabiola Margarita is a hard-working and entrepreneurial woman who has done a bit of everything, from selling handicrafts to cooking, selling fruit, pigs, etc. She has been investing according to the season for 15 years. Through her business, she has managed to buy and improve her home. The latest things she acquired were a bed and a DVD player.
She is currently working making tortillas. She will invest her loan in buying raw materials (corn, firewood and lime).
Tags: Margarita Mejia <BR/>
Ruth – Peru
Ruth Meri
CUSCO, Peru
Food | Fruits & Vegetables
Started loan on Jan 20, 2012 ( this is her second loan – already paid back one successfully)
Ruth Meri continues with her business buying and selling fruit. She continues with it because she’s done very well and continues taking to Puerto Maldonado. She works hard to continue growing economically. On this occasion she’s asking for the loan to buy fruit and increase her market.
Ruth Meri is a 24-year-old single woman with no children. She is a member of the María Auxiliadora community bank, which is comprised of eleven members all hailing from the San Sebastian neighborhood of Cusco. Ruth Meri says that she has been trained to work in the tourism industry, but because of the low tourist season she is now selling fruit in the Feria de Productos market in Cusco. She sells fruit that comes from the Puerto Maldonado region of Peru, and she buys the products wholesale. She says that she took over her mother’s business selling fruit when the tourism industry started going bad. Ruth Meri earns between 300 and 500 soles ($100-166 USD) each weekend in this business.
Ruth Meri will use the Kiva loan to buy more fruit to sell so that she can increase her profits from this business. She is appreciative of and thankful for the loan, and promises to pay the monthly payments on time.
Tags: Ruth Meri, Puerto Maldonado <BR/>
Pablo – Honduras
Pablo Antonio Lagos Banegas
Choluteca, Honduras
Agriculture | Cattle
Started loan on Jan 19, 2012
Pablo is 59 years old and lives in the neigbourhood of El Porvenir in the city of Choluteca. Pablo is an enterprising man who makes a living in the business of buying and selling cattle. He sells in various places close to the area where he lives and has made a living in this activity for 10 years.
His wife makes and sells tortillas. Together they work hard in order to get ahead.
ablo is the father of 5 children, who are studying in the educational centre of the community.
In his free time Pablo and his family go to church.
He will invest the loan in buying cattle.
Tags: Pablo Antonio Lagos <BR/>Nyamvula Dzila, Kenya
Tiribe, Kenya
Clothing | Clothing Sales
Started loan January 13th 2012
Nyamvula is a married woman with four children, two of whom attend school while two are still young for school. She owns a house that has neither electricity nor piped water. Her greatest monthly expense is food for the family.
For the past four years, she has operated a clothes selling business, selling at the market to her neighbours and passersby. She faces a major challenge of low demand for clothes during the rainy season. She dreams of establishing a stall to sell her clothes in the future.
With the KES 30,000 she wants to purchase bales of clothes for resale. She decided to join Yehu to access loans to boost her business.
Tags: monthly expense <BR/>