It's Lending Season! Take Note!

Today marked the first day of lending for the 2014-2015 young businessmen.  While they have had the opportunity to  make group loans and free loans from Kiva, today marked the day that a group of young men from our Kiva Kids program had successfully made enough money to lend to an entrepreneur of their choice. Today marked the day where 4 boys from Bouncy Ballers decided that they would make a loan in the hopes that it would change a life.  Today marks the day that the loans from our faculty and staff that empowered our boys to start businesses, eventually empowered others from across the globe.  So who did they lend to?  

Meet the Takondwa group from Malawi.  

When asked why they decided to lend to this group the boys eloquently said:

  • They are a group
  • This is their second loan
  • By selling second hand clothing they are making money to help her children, but they are also helping others from their village get the clothes they need-double impact.

Great work boys on being the first to be financially secure enough to make a loan. Just 6 weeks in from being fully funded and doing fantastic work!

(Side note-Malawi is in Africa and Ebola is in Africa was also part of their list-this obviously led to quite a discussion on geography, Africa as a continent and accessibility and didn't make our top 3 reasons!)