Thursday, April 28, 2016

Kiva loan to Madagascar

Made a Kiva loan to Ruffine. My first loan to Madagascar,

Ruffine is a widow, 58 years old, and she had only one son, who is already married. She lives in a busy neighborhood. For a dozen years, she has been selling kitchen utensils at the market: with this business, she has succeeded in meeting family needs. It is also a passion of hers. 

She has been a partner with VAHATRA for nine years. With her previous loan, she had profits she preferred to reinvest as capital. She still wants to take out another loan to purchase kitchen utensils to sell, such as cups, buckets, pots, and tureens. 

Ruffine is thinking about her financial independence. Her goal is to build a house.

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