Nakale-Kenya

Today I made a loan to a lady in Kenya who is married and had 5 children and trying to keep her businesses running.

In Kenya the country does not have a lot of clean water. So to get clean water you have to walk 3 hours, get a bucket of water, then walk 3 hours back. And this lady has to do a lot because she has a husband and 5 children. And on top of that she has to keep her business running. So this women has to do a lot.

Some other good things about this loan is that we get paid back in 13 months and get repaid monthly. Also the default rate and the loans at risk rate is all under 1.00 so there is a high chance that we will get our money back.

Click HERE to check out Nakale.

By: Matt S.

Gulnaz-Pakistan

Today I made a loan to a lady with 4 children who lives in Pakistan and needs help to keep her business running.

 

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One reason I made this loan is in the country Pakistan women are treated differently. In Pakistan most of the time when women ask for a loan at the bank, the banker will say “Go get your husband” and they still don’t always give them the loan. So pretty much the only way to get a loan is Kiva.

There are several other reasons I made this loan. We would be completely paid back in 14 months and monthly. Also the Default rate, loss rate and loan at risk rate were all 0.00 and it is very rare that this happens.

Click here to check her out.

By: Matt S. & Cheyenne S.

Jackson-Uganda

Jackson has been selling spare parts for a long time to make money for family. In Uganda you make a lot less money than you do in the US so Jackson can not afford for his children.

Here his Pic:
Here his Pic:

 

This loan is good because it for his children to go to school because it not required to go to school but he want his children to go to school. In Uganda you make 97.2% less money you do in the US so no wonder why he can not afford his children to go to school. One nice thing is that we will get our money back in 8 months and we get repaid monthly. Another nice thing is that the default rate is 1.21% so about 1/5 chance that we will not get our money back. So this is why we donated to Jackson.

Go check out Jackson, click HERE