Kiva Lending Team: Supply-Siders United
We loan because...
We believe that by giving entrepreneurs capital in upcoming markets that we can move the supply curve in a favorable direction for consumers, which in the long-term will lead to greater economic and political freedom.
Supply-side economics is a school of macroeconomic thought that argues that economic growth can be most effectively created by lowering barriers for people to produce (supply) goods and services. Consumers will then benefit from a greater supply of goods and services at lower prices.
Location: The Earth
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Gizo received a loan from Jon to purchase improved inputs in order to get a good harvest and earn more money.
Ugafode Microfinance received a loan from Ana & Ramiro to invest in technology to serve borrowers remotely and to continue operations including paying staff salaries during the COVID-19 crisis.
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