We’re not allowed to eat peanuts at home because poor Master8 has to go to hospital if he so much as sniffs at one (it seems) but I still like to know there are people out there enjoying peanut butter and satay and boiled peanuts. Sigh.
Here’s what the application for the group said:
This group consists of seven women who live in the same district and who are united by good social and economic relations. Marame has been the group’s representative since its creation. She is 61 years old and married with nine children, four boys and five girls. Her eldest son is 40 years old and her youngest is 20 years old.
Marame is an active merchant who sells peanuts. Her new loan of 400,000 Francs CFA will enable her to purchase five tons of peanuts for 275,000 Francs, and 20 baskets of mangoes for 100,000 Francs CFA. The income she earns from her business will allow Marame to pay for the food and health expenses of her family.
And here’s what Kiva says about itself:
We are a non-profit organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $25 to help create opportunity around the world.
We’re big on helping people through Kiva in this house. The kids sit at the computer with us and we look at the pictures and read their stories. Sometimes, sure, we lend to someone who is simply lucky enough to share a name with one of the kids – Little Miss6 is renowned for it. But sometimes, often, their stories and situations are so touching we can’t help but lend and wish we had more to offer.
With Kiva, we lend $25 towards an individual’s loan, with other Kiva co-conspirators making up the rest, and the repayments trickle back to our Kiva account, allowing us to lend the same money out again and again. We’ve put in only $443 over the years (we started with $100 and began adding $1 to $20 a month where we could) and we’ve made $2575 in loans to 103 people in 51 countries around the globe.
The people we help are using Kiva because the traditional banking system doesn’t see value in lending to them. If you want to have a look at this great organisation to see if it’s something you might be interested in, Kiva has free trials available, so you don’t even need to put your own money up. Here’s a link: KIVA FREE TRIAL.
To the 153 people who have joined Kiva through Big Family Little Income, this month’s repayments are in – so log on and find someone else to lend that money too!! 🙂 🙂 🙂
When not typing away over here and checking his stats every two minutes Bruce Devereaux hangs out at his ‘BIG FAMILY little income’ Facebook Page.
’raising a family on little more than laughs’