Posts tagged ‘kiva’
We’re really fortunate to have John Long join us for February’s First Friday Art Walk.
John Long was born in St. Louis, Missouri in 1950 & was first exposed to the music he’d make his life’s work not long after. By the late 1950s John was absorbing the sounds of Homesick and Elmore James, Jimmy Reed, Buster Brown, Muddy Waters, Lightnin’ Hopkins, Junior Parker, and all the rest of the R&B and jump blues of the day, & working on recreating those sounds with his own guitar.
On Lost & Found, his debut album on Delta Groove Records, John Long stunningly re-created the sound of a pre-war country blues player, right down to the little Tommy Johnson-like upward vocal swoops he takes at the end of phrases.
Where: Global Fayre, 324 S Campbell Ave, Springfield, MO 65806
When: Feb 5th, 6pm onwards
Admission: Free (donations welcome, all proceeds will go to the Global Fayre Kiva Loan Fund)
For more information about the First Friday Art Walk, go to http://www.ffaw.org
We’re always excited to reach the point of making another Kiva loan. Of course Haiti is heavy on our minds at the moment – all the more reason to get excited about being able to make another micro-loan. These loans are making a substantial long-term difference to the borrowers and their community.
Our newest loan is to Benita Lopez and her group.
Benita Lopez is from the village of Villa Concepcion, Cauayan City, Isabela. She is 52 years old. Benita is the group leader of a fifteen-member group loan offered by ASKI. While each member of the group receives an individual loan, they are all collectively responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.
Benita is married and has two adult children. She owns and operates a business selling bananas and vegetables. She has been engaged in her business for over twenty-six years and earns approximately 1,000 PHP a week.
In 2008, Benita 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 20,000 PHP which will be used to purchase more products to sell. This loan will be her fourth from ASKI. She plans to use the additional revenue generated from the business to improve and expand her business.
ASKI is one of the most successful microfinance institutions in the Philippines. It has twenty-one branches covering the Central and Northeastern areas. Its clients are mostly of farmers, fisherfolk and small entrepreneurs.
Logged in to Kiva today to see how things are going – here’s what I read…..isn’t it incredible?!
Thanks Kiva Lenders! You’ve funded EVERY loan on the site!!
To date, Kiva has enabled lenders to send $112,245,860 to entrepreneurs in need around the world.
Currently, thanks to Kiva’s lender community, all loans have been fully funded. Our team is working with Kiva’s Field Partners around the globe to add new loans to Kiva.
Things have been crazy in the store for the past few weeks (which is a good thing!) so tonight we took an overdue “time out” to re-invest some Kiva funds. If you’re not familiar with Kiva, it’s a person-to-person micro-lending website, empowering individuals to lend to unique entrepreneurs around the globe.
We’ve been supporters of/investors in Kiva for a few years now (it fits closely with our mission for Global Fayre and our support for Fair Trade) and started the Global Fayre Kiva lending team a few months ago, though in truth we’ve not had time to develop it much, aside fomr using a couple of First Friday Art Walks to raise funds to invest.
So, the three loans we made today were:
Luis (Peru) who has a construction business (STILL NEEDS FUNDS). Here’s what Kiva syas about Luis:
Luis is 26 years old and lives in his own home with his common law wife and their two year old child. After finishing high school, he started working in order to meet the needs of his family. He started in the construction business and became very good in this type of work. He currently works as a contractor for clients who are in need of his services. Luis has developed a good reputation. Likewise, he and his wife work together in their partnership. Luis is grateful that he is always able to find work. For this reason, he hopes to have better tools so that he can provide better service. This is his first loan with MFP. Luis promises to be punctual with each of his payments. The money he requested will be used to purchase a few of the tools that he is lacking that will help him to develop in his work.
Five Virgins Group (Ghana) with a clothing sales business (FULLY FUNDED).
Toyin Okunlola (Nigeria) with a food business (STILL LOOKING FOR FUNDS). Kiva says:
Toyin sells frozen foods at retail prices to her customers. She has 2 deep freezers that she uses to store her frozen foods. This is the high season for sales and she hopes to make more profits during this season. She has been in this business for 6 years. The demand for her frozen foods is high. She hopes to own a poultry farm in the future.
Toyin is 44 years old and married with 2 children. She lives in Lagos state, Nigeria. She hopes for a loan of NGN 100,000 to purchase more frozen food to sell. She says thanks to all Kiva lenders.
If you haven’t made a Kiva loan before, PLEASE DO! Our tip would be to think about the region you want to invest in, scan several loans before making a decision, and always consider the field partner as well as the loan applicant to give yourself a sense of their ability to repay.
If you HAVE made a Kiva loan before, then please think about making another one.
BETTER STILL – you have the chance to make those last minute Holiday gifts with Kiva. Go to http://www.kiva.org and purchase gift certificates for your loved ones to make their own Kiva loans.
We had a great time last night.
There was a good crowd, everyone was in a great mood – and we got a lot of people talking about Kiva too. We donated $1 for every purchase towards our next Kiva loan, and that raised $78. So we’ll sit down tomorrow to figure out which loans to make.
It’s almost here! Just 24 hours to go and we’re getting excited!
It’s been a long month; falling on the 7th means that this has been the longest gap between First Friday Art Walks that we’ve experienced. Of course, that has just meant even more time for procrastination to set in, the ‘to do’ list to get shuffled and reshuffled, and all the ‘must do’s’ to get completed even later than usual!
We’ve got a great evening in store at Global Fayre:
1 – Kiva Awareness
We’ve been lending through Kiva for some time now, but felt the time was right to step it up a notch. We’re using the Art Walk to promote awareness of Kiva, encourage people to make Kiva loans (in or out of the Global Fayre Lending Team) and to raise funds through purchases. Each purchase (no matter how small) will generate a $1 donation to Kiva. As we reach each $25 milestone, we’ll make the loan there and then, with people in the store making the decision about where the loan should go.
2 – Beautiful Baskets from the Etsha Weavers Group of Botswana.
Friday ses the launch of a month-long show for these wonderful baskets. They are simply the finest we’ve seen since opening the store, and it’s a delight to be able to share then with our customers.
The evening starts at 6pm and will go on until at least 10pm.
We just got another repayment from our existing Kiva loans, so it was time to make some new loans from the funds we have with Kiva.
We chose two loans, each of $25.
The first ones was to Marie in Peru, who needs a $350 loan to buy sheep. The loan is to be repaid over 8 months. Here’s what Kiva had to say about Marie:
Maria Nieves is a very hardworking woman. She is a member of the Punta Sahuacasi Village Bank in the Azangaro Province in the Department of Puno. She is 56-years-old and lives with two children that she is responsible for. She lives in the Punta Sahuacasi Sector of Acochupa, and has a first grade education. Maria has been wokring with Movimiento Manuela Ramos for the past 3 years. She earns her living buying and selling small livestock (sheep). Her first loan was for 300 soles. She would like an additional loan at this time of 1000 soles, with which she plans to buy more livestock to sell at the fairs in her area. Maria Nieves tells us that she really enjoys the meetings because they allow her to share with her fellow members.
The second loan was to the San Nicolas group in Bolivia. They are a community bank seeking to raise $2,900.
The “San Nicolás” community bank is comprised of twelve members. Among them there is one man, a locksmith. The San Nicolás community bank members entered their fifth loan cycle. They have met all of the obligations agreed upon in the contract they signed with Agrocapital. Many of the members work as crafts people. Some of them weave blankets, make macrame, and sell supplies on credit and for cash. Some of the members have fixed stalls in different fairs in El Alto. The most important, and where most of them assemble, is the 16th of July fair. They sell products they make themselves or resell products at low prices. They need a loan to augment their working capital and stock their merchandise. The competition that they have in the sector where they work is open for a good sale because they are far from the center of the city. The women and neighbors prefer to do their marketing in the same zone. Because they rely on daily fairs, it is easier to move their products and get better income. This group is in its fifth loan cycle. The Agrocapital foundation trusts them because they make their payments responsibly and on time.
Have you made a Kiva loan yet? If not, click on the link below……it might not change your life, but it may well change the life of the person you make the loan to.