I made another $25 micro loan to a great little group in Uganda - Bulenga Twekembe Group A
For those of you who do not know, Kiva.org is an amazing site where you make a micro loan of $25 along with other people on the site to fund a startup loan to people in typically impoverished countries to help them start a small business, or expand an existing one.
I've made dozens of micro loans over the past few years, and they've all been repaid. I then lend out the money again and again!
40-year-old Flavia plies her food sales business in the many food markets in Mpigi. It is now a decade in this trade for this happily married mother of six. Before taking root in this business, Flavia was engaged in a retail trade. She dispensed with it in time. The last 10 years have been years of mixed fortunes in her business transactions but she says the successes outweigh the failures. That, in many respects, explains why she is still in this business. She has managed to shoulder most of her family related responsibilities with earnings from this business.
Flavia principally sells bananas, maize, beans and cassava. Monthly this business generates her sales profits totaling up to 800,000 Shillings. She intends to use this Kiva loan to purchase more foods such as rice, cabbages, pineapples, maize, etc to resell.
You can read all about this Micro Loan and the Bulenga Twekembe Group A by Clicking Here
