Kiva Lending Team: Benjamin 1784
We loan because...
Someone has done something meaningful for us, so we take our turn in kind.
Please visit our website www.benjamin1784.com
Support us at www.patreon.com/benjamin1784
Benjamin 1784 is a nonprofit organization that helps promising entrepreneurs in Thailand and other emerging market economies. We offer affordable financing with terms that are mindful, practical, and long ago stipulated by Benjamin Franklin, a founding father of America.
In 1784, Franklin lent some money to Benjamin Webb, a friend in need. He told Webb to not pay him back, but instead to repay the sum to someone else in need with instructions that they do the same...to pay it forward.
Benjamin 1784 helps small businesses that may be underserved by banks because their capital requirements are too small. We meet entrepreneurs, perform due diligence, and if we believe their business and plans are sound, we give them 0% interest rate financing. We ask businesses we support to not pay us back, but rather support others in need.
Our organization began informally on April, 2013 when we pledged $25 on Kiva to a 33 year old mother and entrepreneur in the Philippines. Her name was Marlyn. Over the next 7 years, we helped another 189 people. Finally, during a COVID-19 stay at home lockdown, we sketched out what we wanted to do outside of Kiva as a field organization in Thailand and our official launch began. We are now transitioning from being an online Kiva donor to an independent field organization that meets and lends to entrepreneurs directly with our own unique way of doing business.
Location: Bangkok, Thailand Team website
5 messages. Join the team to get in on the action!
José received a loan from Bryan Greenwood to buy compost, fertilisers, herbicides, insecticides, fungicides and other items.
Progresando Con Jesus 2 Group received a loan from Bryan Greenwood to add the sale of charcoal and cleaning products to her business.
La Siembra Group received a loan from Bryan Greenwood to buy compost, fertilizers, herbicides, insecticides and to pay the land lease.
Las Salgado Group received a loan from 2 team members to stock up on staple grains and to buy chickens to raise in order to grow her business.
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