Added three more Kiva loans bringing the total to 43. 50 loans will be a big milestone for us and I can’t wait to hit it.
Erika Del Rosario Orozco Aguirre
-
Location: Managua, Nicaragua
-
Sector: Clothing
-
Activity: Clothing Sales
-
Loan Use: To invest in the purchase of school uniforms and cosmetics to increase her sales
Erika is a small merchant. She began her activity six years ago with the aim of giving financial support to her family. She began selling clothes and cosmetics through catalogues. She acquired customers thanks to her husband who is a supervisor in a private company, and she was granted loans by the microfinance institution Afodenic. She expanded her product range and successfully won and kept customers. She sells for cash and on credit.
She will use her new loan to buy school uniforms and cosmetics to meet the higher demand over the course of years.
Mut Vang’s Group
This group loan consists of four members. They are located in Tuol Krang village in Kandal province.
Mrs. Mut Vang was born in 1968 and is a group leader. She was selected to be the group leader by the other members.
Her husband, Mr. Hing Hun, is a farm laborer and can earn a small income to help support his family. He also owns a plot of land for growing rice. This couple has two children; both children are laborers.
Mrs. Mut Vang earns her living by selling rice in the local village. In order to support and enlarge her business, she would like to ask for a loan to buy more rice to resell. With this loan, she hopes to increase her income to improve the living conditions of her family.
Nathalia Rivas
-
Location: Caaguazú, Paraguay
-
Sector: Agriculture
-
Activity: Flowers
-
Loan Use: to buy ornamental plants, flowers, and seeds for seedlings that will be used for reforestation
Ms. Nathalia Rivas is 24 years old, single, and lives with her parents and five siblings. They work together to run their family business, which is a nursery they have had for 11 years.
Nathalia is working to continue this business, which is very important to the whole family because they depend on it to cover their daily needs, school expenses, and other typical family expenses.
She finished a two-year technical program in plastic arts and she would like to pursue another university degree sometime in the future.
Nathalia is requesting this loan to buy ornamental plants, flowers, and seeds for seedlings that will be used for reforestation.