Nicaragua
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.
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%.
www.businessinsider.com/hundreds-of-suicides-in-india-linked-to-microfinance-organizations-2012-2
Location: Worldwide
Latest Messages
3 messages. Join the team to get in on the action!
Team Activity
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NicaraguaPalomas 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.
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NicaraguaEsperanza 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.
Impact Updated Hourly
6
Team Members
$700
Amount Funded
21
Loans
3.5
Loans per member
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