Showing posts with label Loans that Change Lives. Show all posts
Showing posts with label Loans that Change Lives. Show all posts

Friday, December 16, 2011

Good News from Senegal


Remember these ladies?  I posted about them here.  They're the Bayerena Group from Senegal.  These ladies live in the same region of Senegal and work selling tomatoes and hibiscus flowers and other small items in the market.  They came together in 2001 to form a solidarity group to support each other in their business.  Madame Kahady (raising her hand on the right) is the leader of the group.  She is 43 years old.  In a country where the average yearly income is $ 1,700 she is raising six children of her own and two more children who have been placed with her by relatives. 

I encountered this group through KIVA loans.  The group was asking for a loan of $2,000 to bolster capitol and improve their business.  KIVA is an organization that provides the tiny loans to people all over the world that can improve and change lives.  
Last year my $25 was pooled with other donations to make the loan.

Today I received an email with the good news that the loan was repaid in full and my $25  has been returned to me and is waiting in my pay pal account.  I have the option to withdraw my money, but I already know I will lend it again.

I'm really excited to visit the KIVA website, browse through the photos and descriptions, and select another group or individual to lend to.
If you're looking for a gift this holiday season for the person who as everything, or a way to do something small that can have a large impact on making the world a better place, this just may fit the bill.  Gift cards are available, too.  Yay, KIVA!
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