Kiva Lending Team: Team EconDude
We loan because...
The Marginal Benefit of lending exceeds the Marginal Cost. And, of course, there is the multiplier effect.
aka The Society of the Invisible Hand.
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Marie's Best Female Farmers Group received a loan from Abhir to pay for improved seeds, organic inputs, and tractor rental to allow these farmers to escape subsistence by farming a larger area for a higher yield.
Joyce received a loan from Abhir to buy more feed for her livestock, seedlings, such as napier grass, and other farm inputs to boost her business.
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