Miss16 was given the task of choosing who we would help better their prospects this month and after much deliberation (about 30 seconds) she decided these people “looked nice”. As good a grounds as any to lend people money I suppose (all my banking genes are screaming at me even as I write this).
Loaning money to people in poorer countries who wouldn’t otherwise have access to this sort of opportunity is called micro-financing, and it is helping people who have the misfortune to be born into poorer communities.
Feels good to help 🙂 The money you lend comes back in repayments and then you get to lend it out again.
“Ruth, Issel and Rosaura belong to the Azucenas Blancas group. These are three hard-working and entrepreneurial women originally from Niquinomo. This group has aready had two loans with ADIM and proved themselves to be responsible and hard-working women.
Ruth is their coordinator, she has been in business for the last 5 years. She has 2 children who are her primary motivation for success. She will use this loan to buy handicrafts and increase her range of stock. Issel has been selling handicrafts and costume jewellery for the last 2 years, and Rosaura sells clothing and cosmetics.”