Recently I have made a loan to the Madar Mahila Mandal group of India. This group consists of 5 women that run a variety store, which sell things like necklaces and earrings. Sabanabibi is the leader of the group and a mother of two. With the loan Sabanabibi hopes to expand her business and make a higher income so she can provide a better life for her kids.
Sabanabibi currently makes around $660 a year! That’s only $1.80 a day! In the United States the average income is around $50,00 a year. Compare that to what Sabanabibi makes in a year.
This why we Kiva, to help the people like Sabanabibi that are living on less than $2.00 a day make a better life for themselves.