Tuesday, June 02, 2009

Lending to Julia's with Kiva.

I made a loan today to Julian Raymond Laumatia from Moamoa, Samoa. She needs capital for her clothing business, and microlending is her only access to money.

I also made a loan to Ana Julia Morales Uribe in Departamento de Ahuachapán, El Salvador. Ana Julia has her own general store, located in her home. She has been in business for 5 years. Because of the fact that this is the only store in the area, she manages to sell many products. She is requesting a loan with which she can purchase more goods, thus boosting profits. She wants to be able to help her husband with the household expenses because he is a carpenter and does not have steady work. Ana Julia hopes to improve sales and increase profits.

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