Stories tagged with loans

Jul 7, 2015 GO Global Update

The smell of melting butter and baking dough wafts through the town of Tetela, a small community nestled among the sugarcane fields in Oaxaca, Mexico. Two neighborhood boys, one clutching a basketball and one walking a rusty bicycle, amble up to Miguel and Irma’s front gate, pressing their noses in the spaces between the metal.

¨Ya tienen pasteles?¨ one of them shouts excitedly. Are your pastries ready?

Irma emerges from the kitchen covered in flour. She claps her hands against her apron, sending a cloud of white particles flying. ¨In about a half hour... Continue Reading >>
Jul 7, 2015 GT Guatemala
One of my favorite activities as a Kiva Fellow is meeting with borrowers. And, the borrowers are usually happy to have a visitor and proud to show their business. Recently, I had the privilege of meeting borrower Dianira, who makes cheese daily. With her loan, Dianira was able to purchase more milk because her business is growing by word of mouth. Three times per week she purchases 50 liters of milk and one bucket of whey. With each 50 liters of milk, Dianira is able to make approximately 26 pounds of cheese  – the most popular being mozzarella and pita.

... Continue Reading >>
Jul 7, 2015 AM Armenia
Two years ago, Armen took out a loan of $1,625 for his business and since he has just repaid his final installment last month, I decided to pay him a visit to hear about his experience using Kiva.

Armen is a fishmonger in Yerevan where he sells trout and sturgeon from the freshwaters of Armenia’s many beautiful rivers and lakes. Armen is an incredibly hard working man and adds real value to his business by preparing delicious fish dinners for take away. Khorovats is the national dish of Armenia and involves barbecuing fish or meats on skewers, served with potatoes,... Continue Reading >>
Jul 7, 2015 CO Colombia

Photocredit Miguel Olaya @flickr

At every major turnpike in Medellin there’s a sign that reads, “Nuestra Nueva Medellin” ...

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Jul 7, 2015 US United States
When I walked into A Tran's Bay Bike Shop, I was greeted by brightly painted signs, plants  and murals. The entire shop was covered in floor-to-ceiling designs, with bright whirls of color and whimsical figures pedaling their way through a beautiful, enchanted world.

Tammy with a few of the new bikes she purchased with her Kiva Zip loan

Welcome to the shop!

Tammy, the owner of A Tran's Bay Bike Shop,... Continue Reading >>
Jul 7, 2015 MX Mexico
María Lucas at home in her embroidery studio in El Valerio.

Hortensia and I trudge up the winding dirt path toward a steep hillside dotted with tiny concrete homes. Clotheslines strung with brightly-colored skirts and shirts bake in the midday Mexican sun. A faded Coca-Cola sign instructs us to ¨¡refrescate ya!¨ for six pesos. Three turkeys strut by, gobbling hello, and a donkey quietly munches on some grass.  

At the top of the hill, we reach a three-room house with a tin roof and a... Continue Reading >>
Jul 7, 2015 ML Mali
Safoura is a 46-year-old woman who lives in Dieli, a small village in rural Mali. After losing her husband 12 years ago, she became a single mother of 7 children. She knows life can be challenging. 

As a kid, she could only attend primary school. She realizes that this has limited her opportunities a lot. That’s why she does everything within her power to make sure her kids can go to school.
Ever since she was little, Safoura has been buying and reselling groceries, just like her mother did. She buys rice, onions, spaghetti, fruits and grains in bulk, at a... Continue Reading >>
Jul 7, 2015 GT Guatemala
Mari Cruz is an energetic, friendly, and dynamic 41-year-old woman. About fifteen years ago, she decided to open her own restaurant and took out her first loan to purchase tables and chairs. One year later, Mari Cruz started her own tortillería – a tortilla bakery. Tortillas are served with every meal in Guatemala, so it was better for her restaurant when she had freshly made tortilla from her tortiller... Continue Reading >>
Jul 7, 2015 US United States
Summer school is in session! I know what you’re thinking - “Summer school? Sounds like a drag.” The ear-to-ear smiles on these five, six, and seven year-old students’ faces would make you question all of your preconceived notions of summer school. Charmaine (known as Ms. Moses when she walks through the sunflower yellow door) gives these students plenty to smile about, ensuring a balance of education, playtime and the always underrated nap time.

Ms. Moses in front of the sunflower yellow door

... Continue Reading >>
Jul 7, 2015 US United States

Blair, a successful Kiva Zip borrower, microloan evangelist, and bug expert.

If you see a bug in your house, do you reach for a can of Raid? Blair Leano-Helvey, a Kiva Zip borrower in Louisville, KY, wants you to know there’s a better solution. Better for you and your family, better for the planet, and better for small business....

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