Kiva Lending Team: Africa
We loan because...
Great talk on the solution for Africa: www.ted.com/talks/lang/eng/andrew_mwenda_takes_a_new_look_at_africa.html
We believe this is the single best and most sustainable way to end poverty in the world.
In more precise terms, there are multiple positive impacts to having more entrepreneurs in the world:
- An entrepreneur creates at least one job (for him/herself),
- Instead of drawing more resources from an already burdened country, the entrepreneur is paying taxes to the country, and therefore helping improve the infrastructure of the country. This is, unfortunately, not as applicable when the government is corrupt, of course, but as the people develop more economic power (through more entrepreneurs), their government will cater more to them, rather than catering to the IMF, the World Bank, and others whose conditions to help are sometimes questionable),
- An entrepreneur creates more work for others: for suppliers, and potentially other employees,
- An entrepreneur can pass on his/her knowledge to others, and therefore create other entrepreneurs.
About us
We loan to Africa because it is the poorest continent in the world, and people there need our help the most.
Location: Everywhere
Latest Messages
99+ messages. Join the team to get in on the action!
Team Activity
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Mabel's Group received a loan from Tom to buy two boxes of plates and glasses each to sell to customers.0% repaid
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Marie's Group received a loan from 3 team members to buy materials to sell to customers.0% repaid
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Khady's Group received a loan from Chamsi for Quote Couture to purchase vegetables.$2,375 to goLend Now
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Faty Mu Ndaw's Group received a loan from Chamsi for Quote Couture to buy incense and soap for resale.$2,200 to goLend Now
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Djiba's Group received a loan from Chamsi for Quote Couture to purchase mangoes, rice, and soap.
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Nancy received a loan from Jubilee and Lauren to order a mixture of soft drinks for resale at their shop.0% repaid
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Sarah's Group received a loan from Tom to buy more vegetables to sell.
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Saranga Group received a loan from Tom to start selling cosmetics.
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Mango Group received a loan from Tom to restock the out-of-stock items in the grocery store.
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Majani Ya Chai Group received a loan from Anita to buy more cosmetics to resell.
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Kweku received a loan from 1 team members to increase his current inventory levels.
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