We initially started off with 9 loans in the beginning of 2010 -
Martha is 51 years old and is the mother of two children. Her husband is a bricklayer and helped her get started in her own business, a corner shop. Martha runs the shop from her lounge, which means the family have less space and less privacy. For this reason she will use the loan to divide the room.
This loan has been fully paid back, Martha has managed to divide the room, and now operates her corner shop business separate from her living accommodation. This has enabled her to provide a larger variety of goods in her shop which has boost her sales.
Srie Phean is a 32 year old married woman who lives in Kandal village in Cambodia. She is a farmer who owns a plot of land where she grows crops. Her husband is also a fisherman who earns a small income. Srei Phean requested the loan to enable her to fix up her house.
This loan has now been fully paid back, which has enabled Srie and her husband to fix a new roof to her home , enabling them to have better living conditions. Srie and her husband are very thankful for everyone who has supported them through Kiva.
All of the 9 loans have been fully paid back and all credit has been reinvested back into projects to enable people like Martha and Srie improve their quality and standard of living, by helping them to help themselves.
In total we have now made loans to 26 people/communities in Cambodia, Ecuador, Mexico, Nicaragua, Paraguay and Peru. By making an initial donation into this scheme we can help and support many hundreds of people by reinvesting back into projects.