KSC=KIVAShoppingClub Updates

[Guest]

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[waywardcats]

KSC has received a journal for


Doris Monica Achungo Kala

    Doris Kala started the clothes business in the year 2000 with a capital base of Kshs 20000 prior to this the client was engaged in fish mongering business. She used the loan she received to buy 7 bails of second hand clothes worth Kshs 70,000 and used Kshs 10,000 to pay rent for her stall. Before the loan Doris had a cash flow of Kshs 10000 and it improved to Kshs 15000 per month.

    Doris faced a major challenge during her loan repayment period as her husband passed away who used to be the bread winner in the family. She has since been left with the responsibility of taking care of the family and this has lead to a capital decrease. Her future plan is to take another loan and buy a sawing machine to enable her venture into tailoring.

    She is greatful to all the Kiva lenders who assisted her in getting the loan through Kadet Ltd.


Posted by Mildred Mboss from Vihiga, Kenya
Jun 16, 2010

[waywardcats]

KSC financial report

iGive Disbursed amount   $4,043.36
less  Kiva losses               -$3.99
       expenses:            -$119.76
       Kiva donations:       -$7.50*
                             $3,912.11

Total loans to date: 636 (!)   

Please let me know if you have any questions.

-Kerry-

* Oops!     The KSC volunteers apologize for this loss, it was an accidental donation.

[Henry]

now you can see your pennies add up when using the Igive Search feature

 

http://www.igive.com/html/causestats.cfm

[KSC]

Natasha and the Kiva Shopping Club would like to announce their latest loans:

Name: Nueva Esperanza Group  Location:  Bolivia Primary Activity:  Bookstore Vicencia is fifty-six years old and is the president of "Asociación Comunal Nueva Esperanza" which is part of "Centro Focal Exaltación." Vicencia is married and has five children. She has sold writing products for twenty years and over time has been able to establish a bookstore which has allowed her to cover her children's basic needs. Right now, she needs a loan to add more merchandise so she can offer her customers more products. She works everyday from 8 in the morning until 10 at night. Vicencia has been a member of Pro Mujer's family for 4 years and she likes the trainings and attention she receives. Her fellow companions have diverse businesses and would like to improve themselves.

Name: Najibullah Group  Location:  Afghanistan Primary Activity:  Embroidery Hokum Bibi is the leader of Najibullah Group.  She is 45 years old. She is married and has six children: two sons and four daughters. She runs an embroidery business. Currently, her husband has some financial problems. Therefore, she wants a loan to buy more rolls of cloth and different colors of thread to allow her to embroider more clothes. She wants to increase her business income to be able to support her husband and children. Hokum Bibi would like to extend her gratitude to both AFS and Kiva lenders for their effective process in Afghanistan. Name: Salome Monserrate Giler Mosquera Location:  Khujand, Tajikistan Primary Activity:  Agriculture/buy more mineral fertilizer Salome sells pharmaceutical products in the city of Portoviejo. She sells things like alcohol, belladonna cream, “Merthiolate” (an antiseptic), and other things. She works with her husband. He takes care of making the delivery to pharmacies. She has the business in her house, and she works filling orders. She has a vehicle, which is of vital importance to her when it is time to make delivery of the products. She requests items, according to what is selling, from laboratories or commercial houses that she works with. But now her stock is depleted. With the new loan she will be able to invest in stocking her business again. It has been ten years now. She tells us that it is going very well for her, and she has not thought of changing it. She is married, and her husband is a sales agent. He also works for a laboratory. She goes to the pharmacies every 15 or 30 days.  She dreams of fixing up her house. It is her own, and she wants to make improvements so that nothing bad happens. She would also like to travel to other countries to know other lands and cultures.   Name: Rosa Location:  Peru Primary Activity:  Natural Medicines Rosa is 45 years old and a mother of a very hard-working and dignified family. She lives with her husband and their three children in their own home. For more than 18 years she has knitted sweaters that are exported out of the country. She has been knitting her whole life and does it mostly during the early mornings, when she concentrates on making her stitches and lets her imagination help her make the most beautiful designs and forms. After a painstaking review by the company that purchases her merchandise, Rosa has been recognized for the hue and quality of her items. The chair covered with blankets in the photo is where Rosa knits nonstop. She enjoys her work, although lately she has had some problems with her eye sight, which is why in the future she plans to renew her business of selling nutritional products, which she had done to earn additional income. This is her ninth loan with Kiva partner MFP, and she promises to make her payments on time. She knows and values the benefits of these loans, and she enjoys working with her fellow members of her community bank. With the loan she is requesting, Rosa plans to purchase nutritional products at wholesale so she can expand her business and capture more revenue, but without giving up her knitting business. Very nice choices Natasha!

[KSC]

Natasha and the Kiva Shopping Club would like to announce their latest loans:

Name: Teacalco Group  Location:  Mexico Primary Activity:  Food Production/Sales This group is called Teacalco and is comprised of ten members. Delia C. is the president of the group. She is 33 years old, and she has been selling soft drinks for two years. Reyna G. is married, and she produces and sells milk and its derivatives. She also sells meat. Thirty-eight years ago she and her husband had some cows. They started selling milk in the town. After one day they were asked to deliver milk to the technical school their son attended.

Upon seeing that this was not enough money, she mentioned it to her son. Her son asked one of his teachers to teach him how to make Oaxaca cheese. The teacher not only taught him, but his parents as well. They learned very quickly, and they now have a small business producing milk and its derivatives. They also raise and sell pigs.  The program for “Desarollo Agropecuario” (Farming Devlopment) visited her. They helped her with a loan for a press and a machine that skims milk.  She later began raising pigs. She raises them and then butchers them to sell in her meat market and to some customers.  She used the loan that she received to buy raw material like calcium chloride, whitener, and rennet. She uses these to make Oaxaca cheese.   Name: Laul Group  Location:  Afghanistan  Primary Activity:  Beauty Salon Najeeba is a member of Laul group.  She is married with 3 children who are enrolled in school. She is a beautician. She has got a small beauty salon in her house. She has been involved in this business for more than 7 years. In this way she can help her husband support their children as well. She needs the loan to purchase some new quality cosmetics such as hair rollers, eye shadow, and some chairs and a new table as well. She hopes to have more progress in her business. Name: Timinandiya Group Location:  Mali Primary Activity:  Crafts The members of the Timinandiya group are primarily married women who live in monogamous households. They are around 40 years old with four children.  They met through neighbours, family and through their business activities at the Château de Ségou market. The group's members sell sugar, ginger juice, soap and dyed 'bazins'. In order to increase their business funds, the members of the group have called upon the Soro Yiriwaso credit association and are on their second loan. Madame Fatoumata Doumbia is sought-after in Hamdallaye thanks to the quality of her dyes and bazins. Her nickname in Bambara is 'Fanta Gala', which means 'Fanta the dye-expert.' She aims to use her loan to buy 10 bazins, 300g of different colour dyes, a bag of iodised salt and 1kg of potash from the large market at Bamako. In order to dye a piece of bazin, she boils water, adds the dyes according to the required colour, then adds potash and salt. When the mixture is consistent, she immerses the piece of bazin in it for 15 minutes and then flattens it out in front of the sun in order to dry it.  Her goal is to open a dyeing studio.   Very nice choices Natasha!

[KSC]

Dottie B and the Kiva Shopping Club would like to announce their latest loans:

Name: Ngô Thị Vỹ's Group  Location:  Viet Nam Primary Activity:  Manufacturing Vỹ Ngô Thị, age 48, lives in the town of Huyện Yên Phong-tỉnh Bắc Ninh. Vỹ is the group leader of a nine-member group loan offered by SEDA. While each member of the group receives an individual loan, they all are responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. The official name of this borrowing group is Đông Mai 2 nhóm 06 (Nhóm 06). Vỹ is married and has three adult-aged children. To make a living, Vỹ owns and operates a manufacturing business. She manufactures and sells wood products to local businesses and community members.

Vỹ has been engaged in this business for over five years and earns approximately 3,000,000 VND a month from these activities.  Vỹ joined SEDA to gain access to financial services to help improve her living situation and increase her ability to engage in business activities.  She is now requesting a loan of 5,152,000 VND, which will be used to purchase raw materials to manufacture additional products. The loan will be the first loan she has taken out from SEDA. Vỹ plans to use the additional revenue generated from the business to improve and expand her business. About the other borrowers in the group: Nguyễn Thị Thành, age 48,  Nghiêm Thị Phượng, age 24, Trần Thị Hồng, age 20,  Nguyễn Thị Nhị, age 26,  Nguyễn Thị Dung, age 39,  Ngô Thị Thuấn, age 42,  Ngô Thị Thinh, age 37, and Nguyễn Thị Đạt, age 28, are requesting loans to support thier furniture making businesses.   Name: Fuerza 2008 Group  Location:  Peru Primary Activity:  Personal Education Expenses The Communal Bank “Fuerza” (Strength) 2008 is made up of determined, cheerful, and charismatic women and men who look at each day as an opportunity to move their families forward. They live in the city of Cusco. The following list includes the types of small businesses, services, or occupations the members are involved in: grocery store, employee at a tourist restaurant, officer for the national police force, car wash, school teacher, firewood sales, poultry shop, video game parlor, and bakery. The poorest areas within the city of Cusco are the districts of Santiago, San Jerónimo, and San Sebastián, which is where the members live. They do not have many job opportunities. Their wages are low and the authorities do very little to support them. For this reason, many of the residents start their own businesses and use their earnings to provide their children an education and a better quality of life. Most of the members want to see their children become professionals since they did not have the opportunity to study. This explains why they work all day and even perform double shifts. Estefanía is 35 years old, married, and has three children. She was able to study through the fifth year of secondary school. Her husband works as a taxi driver. Estefanía is one of the most enthusiastic members of the Communal Bank and her charismatic personality livens up the meetings. She is not deterred by the economic crisis, which is why she dedicates herself to operating a car wash. Estefanía is requesting a personal loan to pay for her children’s education.   Name: Iganga Development Group, Mukono Location:  Uganda Primary Activity:  Poultry Kyamumi Aisha was a dedicated fruit seller before she had a change of mind seven years ago and ventured into what she rationalized would be a more lucrative poultry business.  Like many of her contemporaries, this 40-year-old found the prospect of bearing a hand in any business a fascinating experience. Most of her close acquaintances had entrepreneurial skills and were doing well in business. As of now, Aisha is eager to cast her mind to the future, knowing how she has strived and gone out of her depth to establish a niche for herself in the local market in Kirinya, Mukono. She attributes her business longevity and all she has achieved to her sense of hard work and determination. Aisha’s family have also, in the course of the last six years, basked in the glow of any improvement in her circumstances. This happily married mother has laid great store on the education of her children with earnings from her business.  Aisha’s future plans are to expand her business even further with this loan. She primarily wants to buy more chickens that she says she will resell in the course of her transactions.   Name: Shiela Domingo  Location:  Philippines Primary Activity:  Farming Shiela Domingo is from the village of Parog-Parog, Solana, Cagayan. She is 23 years old and is single. Shiela owns and operates a business planting and harvesting rice for sale. She has been engaged in her business for over five years and earns approximately 35,000 PHP per harvest. In 2009, Shiela joined ASKI to gain access to financial services to help improve her living situation and her ability to engage in business activities. She is requesting a new loan of 15,000 PHP which will be used to purchase additional seeds, seedlings and young crops to raise. This loan will be her third from ASKI. She plans to use the additional revenue generated from the business to supplement her family's income. Very nice choices Dottie!

[KSC]

Dottie B and the Kiva Shopping Club would like to announce their latest loans:

Name: Sabougnouman Group  Location:  Mali Primary Activity:  Food Market The eight members of the group Sabougnouman are married women mostly in monogamous families.  The women average 43 years of age and six children each.  They know one another through ties of kinship, marriage, their revenue-generating business in the village, and at busy fairs. The group members buy and sell peanuts, potatoes, rice, canned tomatoes (as does Djènèba Konaté), local alcoholic beverages (Dodo, made from millet), and store items (candy, OMO, soap, cookies, etc.)  With the goal of increasing their working capital in order to make their purchases in cash, the group members decided to join the micro-finance institution Soro Yiriwaso and are now on their third solidarity loan cycle.

Ms. Djènèba Konaté intends to use her loan for buying seven boxes of tomato paste each containing six cans.  She gets her supplies of tomato paste wholesale in Koutiala and sells them retail at the village fair and at the house.  She sells to a customer base composed generally of women.  Like the other women in the group, Djènèba hopes to make an average monthly profit of 20,625, francs CFA that will be put into savings and used to raise small ruminants.   Name: Faith In Action Group  Location:  Liberia Primary Activity:  Construction Stanley Gbawor, who is holding the sign, is the leader of a group of five borrowers called Faith In Action. He is 52 years old, married and has five children who range from 7 to 25 years old. He was only able to attend school to 11th grade due to poverty. His children are all attending school. He cares for two siblings. For 5 years, he has been involved with crushing and selling crushed rocks in the ELWA Rock Hill community, outside of Monrovia, Liberia.  He plans to use his 12,000 Liberian Dollars portion of this 52,000 Liberian Dollars group loan to buy more rock crushing tools such as shovels, diggers and used tires. He describes himself as a hard-working man.  His dream is to expand his business and to venture into a petroleum business.   Name: Maria Del Pilar Muñante Arones  Location:  Peru Primary Activity:  Personal Housing Expenses Munante Arones Maria del Pilar lives on Camino Grande in the Tate district. She has a child to care for. She is a single mother and has worked as a production operator in Peru's IQF farm for 3 years. Maria has her own home, and is working on its finishing touches. She is requesting this loan to finish her home in order to be able to offer her child a better quality of life. Her dream is to finish her home and thus offer her family a better quality of life. Munante is grateful for the support that we can offer her through this loan. Very nice choices Dottie!

[KSC]

Queen of Hearts and the Kiva Shopping Club would like to announce their latest loans:

Name: Virgen De Guadalupe (Portoviejo) Group  Location:  Ecuador Primary Activity:  Fish Selling The Virgin of Guadalupe Communal Bank meets in the city of Portoviejo, the capital of Manabita. The people who live there are extremely hardworking and the area is known for its exquisite cuisine. Sr. Juan Carlos is a seafood merchant at Market Number One in the city of Portoviejo. The loan he received will be invested into his business.  He says his business is doing very well and that he has been in this line of work for ten years.

Juan Carlos is 27 years old and married.  Juan Carlos is very responsible with his family. He does not consider having to leave for work at 4am each morning to be a sacrifice. Saturdays and Sundays are when he sells the most because he takes advantage of the fair.  With this new loan, Juan Carlos plans to continue growing his business. He will invest all of the money in the purchase of fish, shrimp, and squid. Juan Carlos says he was able to start this business thanks to his mother. She had a diner at the market where he worked as a little boy. As he grew up, he was exposed to the world of sales and now serves many people so that he can get ahead. He currently has his own home, so he feels very content with what he has achieved so far. Sra. Digna is also part of the Virgin of Guadalupe Communal Bank that meets in Portoviejo. She is 50 years old, married, and has five children. She sells prepared foods and has a restaurant in the city of Portoviejo. Digna wakes up at 3am to go shopping at the central market in the city. As a little girl, she learned how to do this job from her parents. She started her business a year ago and works alone, although she occasionally has the help of her 15 year old daughter. Apart from the restaurant, Sra. Digna also sells fish by the pound on Sundays. She buys her products and then resells them. With this new loan, she plans to invest in her business by purchasing rice by the quintal (46kg), legumes, meats, and everything else necessary to prepare her dishes. Her dream is to make improvements to her business space and maintain her health so that she can continue caring for her daughters and see them develop.   Name: Rosalina Lilagan  Location:  Philippines Primary Activity:  Health Products Rosalina Lilagan is from the village called Barangay Salvacion, in Bayombong, Nueva Vizcaya. She is 46 years old, married, and has three school-aged children. To make a living, she sells health and medicinal products in the local community. She has been engaged in her business for over five years and earns approximately $260 a month from these activities. In 2008, Rosalina joined ASKI to gain access to financial services to help improve her living situation and ability to engage in business activities. She has successfully repaid a previous loan of 25,000 PHP from ASKI. This previous loan was used to purchase additional products to sell. Rosalina is requesting a new loan of 50,000 PHP which will be used to purchase new items to expand her product offering. This will be her 5th loan from ASKI. She plans to use the additional revenue generated to expand her business.   Name: Groupe 2 De Bogoba Togo  Location:  Mali Primary Activity:  Farming The six members of the Group 2 of Bogoba Association of Togo are women married in polygamous families; on average, they are aged 41 and mothers of three children.  They got acquainted through links of kinship and marriage.  In order to have agricultural inputs at their disposal at the beginning of the rain season and to be able to hire men (laborers) for plowing and weeding, they sought help from Soro Yiriwaso. They are currently into the 2nd cycle of a farming loan.  They are growing millet, groundnuts and beans. Mrs. Nana Fané intends to use her loan to purchase 2 bags of fertilizer, 100 kg of groundnut seeds, 30 kg of bean seeds, and to hire manpower (men and women) for plowing and weeding.  She purchases her seeds and fertilizer at the Ségou fair (large market).  With her 3 acre parcel, she hopes to produce15 bags of groundnuts, 4 bags of millet, 600 kg of beans, as well as bean vines intended to make bales for the cattle.  The bean bales are stored and sold during the period of shortage. One part of the crop is self consumed while the other half is intended for sale.  Mrs. Nana Fané, like the other members of the group, aims to breed small ruminants and to ensure food self-sufficiency in the village. Very nice choices Queen!

[charity]

KSC financial report

iGive Disbursed amount   $4,043.36
less  Kiva losses               -$3.99
       expenses:            -$119.76
       Kiva donations:       -$7.50*
                             $3,912.11

Total loans to date: 636 (!)   

Please let me know if you have any questions.

-Kerry-

* Oops!     The KSC volunteers apologize for this loss, it was an accidental donation.

What are the 'expenses'?

[waywardcats]

Hi Charity,

Good question.  Sorry I left off that detail with this report.  The $119.76 was for web hosting of the Kiva Shopping Club website in 2009.  Previously this had been donated.

-Kerry-