Kiva Lending Team: Microfinance Society (Singapore)
We loan because...
We are the Microfinance society of Singapore, and we want to loan to borrowers in Asia.
The Microfinance Society (Singapore) was officially set up on 29 September
2009 in Singapore. Our mission is to connect, educate and engage people in
the field of microfinance by creating a forum for innovation and
collaboration, thereby reducing global poverty. We strive to bring people
together who are interested in learning about microfinance, micro-credit,
and related finance, economic, and development topics.
Our objectives are - to provide opportunities to learn about microfinance by
broadening outreach and deepening knowledge, to create connections/contacts
between individuals interested in microfinance, to better share microfinance
information and related opportunities and help individuals involved in
microfinance-related projects, to support MFI-initiatives.
For more information, please visit www.microfinance.org.sg
Location: Singapore Team website
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Eng received a loan from Viny to buy materials needed for building a latrine and to pay labor costs.
Jaider Alonso received a loan from James to buy farming supplies (manure, poisons, fertilisers, and fungicides) in bulk, and to pay to clean the yucca harvest.
Ecole Jiwe Group received a loan from Philippe to buy sugar, soap, Fanta, shoes, lotions, vegetable oil, oils, juices, matches, rice, salt, biscuits, pens, notebooks, etc.
Yuni received a loan from Vivek & Bhavana to invest in the purchase of silk to stock up for the holiday season.
Nengah received a loan from Vivek & Bhavana to buy new tools and equipment, including an airbrush and a sander, as well as wood and finishing materials.
Sebastian Adalberto received a loan from Viny to buy construction materials and pay for labor in order to build a washroom.100% repaid
Al-Esteglal Group received a loan from Dawn & Ann Tat to buy women's and children's clothes for her business.
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