Posts

Showing posts from December, 2017

A Loan Of $150 Helped A Farmer Purchase Seedlings And Fertilizers In Philippines

Image
Dr. Joe Johnson  ( Welfont Joe Johnson )funded a loan for Sube, a farmer from the  Philippines . Here is Sube’s Story Sube is a married woman with two children, living in San Juan Pana-on, Philippines. She and her husband are both farmers working hard to support their families over the last fifteen years. She plants banana trees and is now looking to purchase fertilizers and seedlings to improve her yield. She recently approached the  Gata Daku Multi-Purpose Cooperative (GDMPC)  seeking a loan of P7,000 to help her improve her yield and expand her business. The funds that she received from the loan went towards the purchase of more banana trees so that she can increase her customer base. She received her loan from the local  Kiva  partner, GDMPC. This non-governmental organization works towards empowering people by offering livelihood opportunities as well as other support services. Some of these services include credit, savings, education and v...

A Loan Of $300 Helped To Buy Additional Sacks Of Charcoal To Sell

Image
Dr. Joseph Johnson  ( Welfont Joe Johnson )helped fund a loan for Rosana, an entrepreneur from the Philippines . Here is Rosana’s Story Deep in the heart of the municipality of Cauayan in the province of Negros Occidental in the Philippines, you will find Rosana busy in the market selling her charcoal. As a married mother of six children, she has to work exceptionally hard to take care of her children. She has been doing this through her charcoal business, though she also gets an additional income buying and selling firewood. She has been sustaining her business through her own efforts, and with help from the Negros Women for Tomorrow Foundation . She has repaid all 20 of the loans she has received in the past, and is now asking for another one to further help grow her business. She hopes that she will be able to save enough money to send her children to college in the future. Through  Kiva’s  lending platform and the  NWTF ,  I  was able to...