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An informal forum for ideas and thoughts on how to live a more green life.

Loans That Change Lives Update

I previously posted about Kiva, a program that allows you to loan money to small businesses in developing countries.

We loaned $100 to a business called Blessing. Read all about Blessings in the previous post.

Here is an update:

Tororo, Uganda January 19, 2006, 8:42 am Business Update Greetings to you all my business supporters. Who made it possible for me to become changed in the way and size of my business with the loan you gave me through Kiva. Fore most, I would like to thank God for his love and provision upon my life and my work. I used to struggle so much for my families daily survival but all I say is you have made it possible to increase and widen my business with a very high percentage of stock, my shop was lacking a lot of things, I used not to get good profits in my shop, I could not even some times feed well but now I am so proud and happy to say that with Kiva loan everything has become possible within one month period, my life has changed in most ways both in my personal life, family and business that gives me a lot of profits that I am able to use to meet three quarters of my family basic needs it’s to the extent that my business is not only important to me but more important to the community in that their energies to struggle to go and buy small items in distant areas covering of kilometers has existed no more now they get every thing they need available at my shop with even fair prices as compared to some other retail shops in neighbouring villages. I want to once again say thank you very much no body could ever do this to my business but only Kiva, has done it and pleased. Yours truly, Margaret Etyang.

[Via the Blessings update page on the Kiva web site.]

In total, Blessings has re-paid $100 of the total $500 received.



 
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