Kiva

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Kiva (www.kiva.org) is the world’s first person-to-person micro-lending website, empowering individuals to lend directly to unique entrepreneurs in the developing world. Kiva’s mission is to connect people, through lending, for the sake of alleviating poverty.

BPW Saskatoon has been making micro loans to women entrepreneurs all over the world, through Kiva, since October 2008. To date, BPW Saskatoon has made 152 loans supporting women’s groups in 42 countries with our original $500 budget. Most of the micro businesses requesting loans through Kiva are groups with an average of 8 women. BPW generally contributes $25 or $50 to the total loan requested.

 

Some stories from recent recipients…

TanzaniaGreetings from Tanzania! Thank you for supporting Roseana and Channel Group with a loan. With the loan she received, she manages to purchase to increase the grocery drinks and meet her customers’ demand. With the expand the business, her monthly profit rose. She used the profit to pay school fees, and household expenses. Her family is happy. She and the Channel group are very grateful for the loan and are thankful to everyone who has supported her.

– Tanzania, October 2015

 
 

Tanzania TrioGreetings from Tanzania! Thank you for supporting Octovia and the Pilika Group with a loan. With the loan Octovia received, she restocked the out of stock items in the soft drinks and increased on the stationary stock. She is doing very well. With the increased stock in her business, her monthly profit rose. She used the profit to pay school fees and household expenses. Her family is happy.…

– Rita Nyaborogo on December 29, 2014

 
 

Thank you for supporting Rachel and the Ulezi Group with a loan. With the loan she received, she purchased more charcoal items for her shop. She is doing very well. With the increased stock in her business, her monthly profit rose. She used the profit to pay school fees, and household expenses. Her family is happy. Rachel and the Ulezi group are very grateful for the loan

– Rita Nyaborogo on December 29, 2014

 

I have personally talked to the Tujijinge group that is the financial partner working with Kiva to facilitate loans in Tanzania. However, unfortunately, they do not operate in Dodoma, where I worked as a volunteer in May 2011 and again in October 2014. After my visit to Dodoma in May 2011, I had approached BPW to help. BPW Saskatoon authorized a donation of $500. This amount together with some additional private donations from BPW members greatly help these women get started in a catering business and a business raising chicken. I was very pleased with the stalls that were build but unfortunately the chickens got a disease last summer (2014) and died, so they need some capital again to stock the pens. When I was there in October 2014, I put the leader of the group in touch with a person in a nearby town who teaches how to take care of animals.

I had a workshop session with the women (see photo below) and I suggested to them to get a small shop going that would sell solar energy lanterns. A contact in Rwanda who I met through the University Women’s organization has helped women in other African countries do this. Very few people have access to electricity in Tanzania and if they do, it is very expensive. Thank you for supporting these women in Dodoma!!

– Gerlinde Sarkar, BPW Governance Chair

Administrator of BPW-Saskatoon’s Kiva projects

workshop