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While I haven’t heard from my previous sponsored entrepreneur. I did find an extra $25 to sponsor someone through Kiva this time though I chose a group of women from Uganda. The members of this 6 person group do a few different things in order to make a living for their families. Rehema Namuddu is the leader of the group and at 33 yrs old is divorced with 6 kids from 13 months to 16 years old and has 5 of those kids in school. She and two other members Christine Nabukalu and Aminah Akoth group own their own business selling clothes in their village and will use the loan to buy more clothes to sell. Harriet Mirembe operates a canteen business and would like to add to her supply. Anna Awori sells charcoal as her business and would like her loan to afford to buy more charcoal to sell.
Here is the story from Kiva.org:”The group leader of this small group is Rehema Namuddu. She is currently in the business of selling clothes and is requesting a loan to boost business. Rehema is 33 years old and is divorced. She has 6 children ranging from age 13 months to 16 years old and five of them go to school. Each week, Rehema makes approximately UGX 40000 in profits and with the extra profits from her loan, she hopes to be able to buy a plot of land. Rehema has taken a loan from BRAC Uganda before in the amount of UGX 400000 in order to invest in her business and the loan was paid back on time. Rehema is joined in her small group by Christine Nabukalu, Aminah Akoth, Harriet Mirembe, and Anna Awori. Christine Nabukalu has a business selling clothes and wants to purchase more clothes to sell. Aminah Akoth is currently operating a business in clothing sales and wants a loan to add to her business. Harriet Mirembe operates a canteen business and wants to add stock. Anna Awori is currently in the business of charcoal sales and is requesting a loan to purchase more sacks of charcoal.”
I’m thankful to be able to sponsor this group of enterprising entrepreneurs and hope to hear about how the money has helped them change their situation. As time goes on over the next 12 month payback period I will keep you all up to date on the stories of the sponsored entrepreneurs in my portfolio and hope that if you join Kiva.org and become a sponsor you will share with me and the readers your stories.
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Jason
March 15th, 2008 at 2:18 pm
I am so pleased to know about this. Thank you for the link to it.
March 15th, 2008 at 2:29 pm
You’re very welcome. Thank you for your kind comment. I really enjoy your blog. Have a great weekend!
March 16th, 2008 at 1:17 pm
I had heard about this in the past and had meant to check it out but forgot the name. Thanks for the reminder.
March 16th, 2008 at 1:21 pm
You’re very welcome. I hope you’re able to participate. Your website makes me hungry.