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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Mamy received a loan from 1 team members to buy mobile phones of different brands to resell.
Aileen received a loan from 1 team members to buy corn fertilizer for more produce.
Josie received a loan from Vivek & Bhavana to buy crude oil for her fishing boat as well as additional stocks for her store such as canned goods, noodles, food seasonings, powdered drinks, snack foods and toiletries.
Cecilia received a loan from Vivek & Bhavana to buy stocks of grocery items, bottled drinks and sacks of rice for her variety store business.
Margie received a loan from Vivek & Bhavana to purchase additional raw ingredients for her pork barbeque.
Charita received a loan from Vivek & Bhavana to buy ingredients such as, vegetables, fish, meat, and other supplies needed in her business.
Lamia received a loan from 1 team members o buy a new collection of clothing and shoes to meet the needs of her clients.
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