Shanti’s Dispatches

Got 4 loans currently being repaid, have given 4 gift certificates, and have 2 more loans in the works, but the full amounts have not been raised yet.

If you’ve ever wanted to be an angel investor, but thought you didn’t have the funds… this is a way to jump in the game on a micro scale!

Oh and if the money is repaid (typical 96%+ repayment rate), you get to reinvest it with other entrepreneurs.

Victor Onyango is 35 years old and a father of four. His wife stays at home and takes care of the two youngest children. The other two children attend junior school and are both in grade eight. Next year they graduate to senior school. Victor owns a retail shop selling consumer goods like bread, milk and soft drinks. The shop is located in the busy center of Nakuru and is frequented by several people each day. The business is going well and makes a good profit. Yet, the leftover income after paying wages to the shop assistants is not sufficient to cater for Victor’s family’s needs.

Nadezhda, whose name means hope in Russian, owns a successful perfume and cosmetics business located in a busy market in Nikopol. She has operated her business for six years. Lively and full of energy, she works hard to make her business a success. By offering a wide selection of products at affordable prices, she has been able to broaden her available customer base and meet the needs of more clients. Nadezhda is requesting a loan for $1200 to allow her to re-supply her inventory and introduce new product lines. Her long term goal is to expand her business by opening additional vending kiosks and hiring staff to help her with sales.

Thanks Abygale for the Kiva gift card!

You can bookmark this, digg this or check the cosmos