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Friday, April 24, 2009

Our New KIVA Loan - To Uganda

Our new KIVA loan is going to a cooperative of women in Kampala, Uganda: Catherine, Victo, Angella, and Norah.

Catherine, the leader, is twenty-five years old and married with one nine-year-old child. She and her family live in a one room house with no access to electricity or piped water.

Here's what else KIVA has to say: Catherine has a stall, and that is how she makes a living. She rents her stall at $9.25 a month and gets about twenty customers a day. She buys her produce from Nakawa market and works seven days a week. She has worked at this business for three years now. Prior to this she was frying edibles. This is her seventh loan since she joined MCDT, a Kiva field partner, and has been with them for four years, working with the same group members. Catherine wants to use this loan to buy boxes of tomatoes and also to start buying directly from farmers. She hopes to build a house from her savings.

We'll keep you posted on their progress. We're thrilled to be able to participate in this micro-lending program thanks to your purchases from World Peace Jewelry. We believe we can change the world by doing just one little thing at a time.

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