Sunday, October 03, 2010

Pay it forward...

Meet Bridget:

Bridget sells loaves of bread in retail to her customers within her community in Lagos state, Nigeria. She is 50 years old and married with 10 children. Bridget hopes for the loan amount of N80, 000 to purchase more loaves of bread to sell. Bridget lives in Lagos State, Nigeria.

And Nestor:

Nestor is a young man from the GblinkomĂ© district. He learned food service and is a cook. Not having found work in a hotel, he decided in 2004 to open his own little restaurant in order to support himself. His cafeteria is situated along a big international road so he gets a lot of customers. 

To avoid running short of foodstuffs, he is asking WAGES for a loan to buy 3 cases of milk, 1 basket of fresh tomatoes, 15 trays of eggs, 10 cases of beer, 3 cases of spaghetti, and 1 big tin of oil. Nestor is not married and not raising any children.  He lives in AdidogomĂ©, Togo.

TexaCali Wine Co. has successfully sponsored these two entrepreneurs over the last 2 years and they no-longer need a loan for their business. 100% repaid!   So proud and honored to help Nestor and Bridget achieve their business dreams!

Please help us help Kigozi Grace now in Uganda...(she sounds like my kinda' gal!)

“Men have sight--Women have insight”- This is an adage firmly embedded in 33-year-old Kigozi Grace. Kigozi belongs to Bazirengedde group. Because she has been able to solve deeply entrenched financial adversity on her own with no support, she now has a deeper perspective and understanding of how to handle a crisis situation in business. Notwithstanding the relatively short period of time she has had her food snack and soft drink restaurant business, she has given a good account of herself as a business woman.

Lady luck has shone on Grace’s married life. She and her husband have three highly spirited kids who she says take after both of them in many ways.

Running this business has struck a deep chord with clients who flock to her restaurant. Like her name, Kigozi Grace is truly gracious. She began her business journey selling charcoal and firewood. Grace credits her sister with giving her the inspiration to begin this business. With this loan, she says she is going to buy more furniture for her restaurant.

A little goes a very long way, pay it 

Cheers - Ali

1 comment:

TexaCali Ali said...

just in tonight from KIVA:

Loan in Uganda has been 100% funded!

This is an update on your loan to Bazirengedde Development Group-Mukono in Uganda.

Thanks to you and 62 other Kiva Lenders, the $2,075.00 loan request in Uganda has been 100% funded.

This loan will be used for the purpose of: To purchase furniture for her restaurant

Over the 6 months of this loan, Kiva's Field Partner in Uganda, Pearl Microfinance Limited, will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website:

Thanks for lending to the world's working poor on Kiva!

Best Wishes,
Kiva Staff