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Helping people help themselves!

Banks make money by providing financial services ONLY to people who already have money. Banks were not designed to help people on low incomes, only those who have money. So where does that leave the very poor? It forces them  to use informal, less secure ways to make savings and to borrow money, often at extremely high interest rates and at high risk.

Araba needed a small loan to help her with food production. She has already repaid half of her loan, so hopefully her business is doing well.Araba needed a small loan to help her with food production. She has already repaid half of her loan, so hopefully her business is doing well. 

“Microfinance” Institutions have developed over recent decades to provide financial services to low-income individuals.

Many  studies have documented how access to financial services has improved the status of women within the family and the community. In some programmes that have been active over many years, there have been reports of declining levels of violence against women.

“Today I’m a very respected woman in the community. I have come out of the crowd of women who are looked down upon. Due to the loan that I received… you have made me to be a champion out of nobody.” – Rose Athieno, Produce Reseller, Uganda

 

Microfinance is not always the answer where people are nomadic, or there is a high incidence of disease, or hyperinflation. However, providing poor people with loans has been proven to work. Over a long period of time, this does give people a chance to get out of poverty. More than 1 billion people live on less than $1 a day (or the equivalent in buying power in the country where they live). Clearly when we feel like we are struggling to pay the bills there are many, many people much worse off than us. What can we do to help these people, in a very direct and personal way?

Kiva is an organisation that connects:  microfinance providers to  some of the poorest people in the world via  lenders such as you and me.

Through its website, www.kiva.org, people like you and me can loan money to people who would not otherwise be able to borrow money. By grouping lenders together, Kiva allows one to loan as little as $25 (£17).  And when it is repaid (and there has been a 99.01% success rate so far), you can withdraw this (through Paypal) or loan it again. If you personally (or within a group) can spare $25 you can take part. It’s a way of repeatedly helping people to help themselves.

In this Group: Sanjukta, Kiran, Bini, Malati, Sabitri, Anjali, Kholana, Kausalya, Pramila.

In this Group: Sanjukta, Kiran, Bini, Malati, Sabitri, Anjali, Kholana, Kausalya, Pramila.

As an Independent Distributor for AquaSource products, I have now joined the AquaSource team of lenders, and aim to increase personal lending month by month. My first personal loan is to a group of nine women in a small village in India, who have been growing and selling vegetables to help support their families. They wished to buy a plot of land to upscale their vegetable growing business, and at the time of writing (April 2013) 85% has been raised.  By the time you’re reading this, I’m sure 100% will have been raised, and they will be ready to progress their business.  Meanwhile, lots of other entrepreneurs from poor families will be waiting for their loans to be raised also.

Now I invite you to also become lenders

It is possible to make a gift, or to make a loan.  Lending holds the recipient in a different light to someone you are giving to. A loan gives more than just money – it conveys your trust and your faith in the ability of the borrower to repay the loan. Many people don’t want a handout. They just want a chance to borrow a small amount of money, so they can prove themselves and improve their family’s lives.  (The average loan size is just over $400, which could be met by 16 lenders each loaning $25.) You can loan the same $25 ( about £17) over and over again, helping lots of people to take vital steps out of poverty. To join the AquaSource Lending Team, go to http://www.kiva.org/community, search for AquaSource, then click Join. I will do my bit to help others become lenders too.    For every £100 you spend with us on www.blueandgreenalgae.com , we will send you a KIVA gift voucher for $25, to lend or give as you choose. Just use the code    KIVA25   in the checkout.  (Cannot be used at the same time as other promotions.) This is yet another way that together we can make a difference. Thank you. Sonja VanderDol www.blueandgreenalgae.com

Kiva-Santo-Domingo-Group This group, called Santo Domingo, is beginning their second loan cycle. Everyone in the group works and helps each other progress. They are trying to eliminate poverty. Each one of the group members continues to grow and leave their roots of poverty in the past. One of the members of the group is Mrs. María, who, with much effort and sacrifice, is progressing. She sells fresh vegetables each day beginning early in the morning. She is an enterprising woman with a great desire to progress and move forward. She is asking for this loan in order to buy vegetables such as squash, tomatoes, carrots, onions, etc. In doing this she can continue with her sales and increase her earnings.

UPDATE:

Araba needed a small loan to help her with food production. She has already repaid half of her loan, so hopefully her business is doing well.

Araba needed a small loan to help her with food production. She has already repaid half of her loan, so hopefully her business is doing well.

Santa Dominga Group have now paid one-third of their loan to purchase fruit and vegetables for resale, and Araba in Ghana has paid back half of her borrowings to help her with food production. Both loans are being paid back on time. Once both loans are fully repaid, the two lots of $25 will be loaned to others, and so the benefit will go on and on. The Indian loan is not due to be repaid for 3 years, as stated at the outset. If you would like to have a $25 free trial, click on the following link  $25 FREE TRIALS! Forward this link to your friends   http://www.kiva.org/invitedby/sonja5854 Hi Sonja You’ve received a total of $10.42 in repayments on August 17, 2013! Get all the details in your portfolio. For repayments on loans made with your own funds, repayments are returned to your Kiva account to keep, re-lend to another borrower, or donate to support Kiva’s operating costs. Have questions? We’re happy to help at contactus@kiva.org. On behalf of all of our borrowers, thank you for lending on Kiva. Best Wishes, The Kiva Team Food for thought…Kiva is a U.S. 501(c)3 nonprofit organization located at 875 Howard St. Suite #340, San Francisco, CA 94103 © 2005 – 2013 Kiva. All rights reserved. “Knowing that someone out there wishes the best for you is enough to give you drive to achieve your dream.” – Sammy, Kiva borrower in Kenya

 UPDATE 2nd March 2016

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Sonja VanderDol
 Last sign-in: Mon. Feb 29, 2016 at 8:39 AM PT
Total Amount Lent

Recent Loans

 

  • Rosario

    Rosario
    Farming
    Peru
    Raised

    0% repaid
  • Los Cocos Group

    Los Cocos Group
    Food Production…
    Paraguay
    Paying back

    31% repaid
  • María Josefa

    María Josefa
    Livestock
    El Salvador
    Paid back

    100% repaid
  • Santa Rosa De Urubamba Group

    Santa Rosa De U…
    Food Stall
    Peru
    Paid back

    100% repaid
  • Club De Amigas Group

    Club De Amigas …
    Weaving
    Bolivia
    Paid back

    100% repaid
  • Suria

    Suria
    Animal Sales
    Pakistan
    Paid back

    100% repaid
  • Jacinta

    Jacinta
    Grocery Store
    Peru
    Paid back

    100% repaid
  • Las Radiantes Group

    Las Radiantes G…
    Retail
    Peru
    Paid back

    100% repaid
  • Araba

    Araba
    Food Production…
    Ghana
    Paid back

    100% repaid
  • Santo Domingo Group

    Santo Domingo G…
    Fruits & Vegeta…
    Paraguay
    Paid back

    100% repaid
  • Maa Mangala Self Help Group

    Maa Mangala Sel…
    Farming
    India
    Paying back

    0% repaid

My Loans by Country

11

Recent Updates for My Loans (see all)

  1. Loan Update

    Saludos de la Banca Comunal Club De Amigas Group

    Bolivia
    The loan has been used effectively in the Community Banking, credit and handled properly meeting their payments on time, which is why we appreciate the confidence of funders and expect to continue supporting various Benches Communal working with Pro Mujer (http : //intranetbolivia.pro-mujer.org/)

    Posted by Lourdes Mamani

  2. Loan Update

    Greetings from Kashf Foundation!

    Pakistan
    Dear KIVA Lenders, Thank you for your loan! Suria has successfully completed her loan cycle. With the help of Kiva loan, she purchased animals (baby goats).She earned good amount of income to support her family. She is very happy with this loan as it has improved her business a lot. Suria is very much thankful to Kiva and all lenders.

    Posted by Sadaf Mahmood

Loans

11
Countries you’ve supported
Bolivia
El Salvador
Ghana
India
Pakistan
Paraguay
Peru

100% of every dollar lent on Kiva is used to fund loans. Kiva doesn’t take a cut of the loans made on our website or charge interest to our Field Partners. Instead, we rely on donations from our lender community to cover our operations and expand access to microfinance around the globe. This is why we ask for an optional 15% donation ($3.75 per $25 lent) each time you make a loan.

Whether you are depositing funds to make a loan or relending money that a borrower has paid back, please remember that Kiva can’t exist without your support.

Portfolio Distribution

FemaleMale

ooblab gender
Female 90.91%
Male 9.09%
90.91% (90.9%)
Distribution By Gender
Gender %
Female 90.91%
Male 9.09%

Country

Distribution By Country
Country %
Peru 36.36%
Paraguay 18.18%
Pakistan 9.09%
India 9.09%
El Salvador 9.09%
Ghana 9.09%
Bolivia 9.09%

Sector

Distribution By Sector
Sector %
Food 45.45%
Agriculture 36.36%
Retail 9.09%
Arts 9.09%

Partner

Distribution By Field Partner
Field Partner %
Fundación Paraguaya 18.18%
Fundación Pro Mujer 9.09%
Kashf Foundation 9.09%
Microfinanzas Prisma 9.09%
People`s Forum 9.09%
Edpyme Alternativa 9.09%
Christian Rural Aid Network (CRAN) 9.09%
CrediCampo 9.09%
EDAPROSPO 9.09%
Asociación Arariwa 9.09%
Lending through Kiva involves risk of principal loss. Kiva does not guarantee repayment nor do we offer a financial return on your loan.
Loans that change lives © 2005 – 2016 Kiva. All rights reserved. Kiva is a U.S. 501(c)3 non-profit organization.

Outstanding Loans

$67.20 due to be repaid to your account.