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

Dr. Joseph Johnson (Welfont Joe Johnson)helped fund a loan for Rosana, an entrepreneur from thePhilippines.
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 theNegros 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 provide Rosana with full funding for her loan, giving her the chance to move one step closer to realizing her dreams. Thousands of people around the globe are having their lives transformed in much the same way thanks to organizations like these.
Anyone can join the Kiva platform, and if you would like to impact someone’s life you should too by going to www.kiva.org. The website is host to a large database of entrepreneurs who are in need of funding.

Comments

Post a Comment

Popular posts from this blog

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...
Read more

Do You Need an MBA to Run a Business?

Welfont Joe Johnson , Ph.D. Entrepreneur. Investor. Startup Expert. These days, it seems as though every college or university is offering continuing education aimed at professionals and entrepreneurs. “Earn your MBA while you work!” they advertise. For those considering launching a new business, it can seem a tempting idea – but do you  really  need an MBA to run a business? An MBA can be a useful tool for aspiring entrepreneurs, though it certainly isn’t a necessity. Read on for my thoughts on how earning an MBA may help you to succeed in business, as well as some resources for those without a business education or who aren’t planning to pursue a business degree. For Whom is an MBA Truly Appropriate? An MBA is likely to be a good fit for someone who knows what they want to do with the degree and who is either unable to independently acquire the information necessary for success or to get ahead in their current position. An MBA can also be useful for those seeking t...
Read more