Kiva Lending Team: Support MFIs with interest rates below 15%!
We loan because...
Following articles about the rising number of suicides in Andhra Pradesh, India due to the extortionate interest rates charged by some MFIs, we decided to support MFIs with interest rates below 15%.
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Buenos Aires De San Jose Group received a loan from Thomas Torrissen to stock her grocery shop with basic grains, chicken, personal hygiene products and home products.
Palomas Group received a loan from Thomas Torrissen to buy a refrigerator, a blender, and products for making shakes, as well as more sweets and fruits.
Esperanza En El Futuro Group received a loan from Thomas Torrissen to buy dairy products and supplies for the food stand where she will also work this season.
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