It’s a big planet, full of budding entrepreneurs with unlimited promise, and many with the same goals as ours — to provide a better life for their families and their communities.
PlanetTogether is grateful for the opportunity to contribute to the hope of hard-working entrepreneurs through Kiva, a leading force in microlending to developing countries. A donation is made to Kiva in the name of each new PlanetTogether client.
These are some of the entrepreneurs PlanetTogether’s customers are helping to support:
A loan of $1,100 helped Monhbat in Tosontsengel, Zavhan, Mongoliato purchase raw materials for his newly started business of manufacturing traditional winter boots. This loan has been fully funded!
Monhbat is 32 years old and lives with his wife and his three children in a ger (a Mongolian yurt) in Tosontsengel, in the Zavhan province of Mongolia. His wife’s name is Bulgan. She is 32 years old and she is unemployed. His three children go to the secondary school. He has been working as a boots manufacturer since 2009.
He is starting to manufacture traditional winter boots with his wife from now on. It will be a family business and they estimated their approximate profit and it will be enough to cover all family expenses. He is requesting a 1,500,000 MNT loan to purchase raw materials for his newly started business of manufacturing traditional winter boots. His goal is to expand the business in the future in order to increase his profit and save money for his children’s education. -Kiva
A loan of $1,475 helped Purevsuren in Yaarmag, Ulaanbaatar, Mongolia to purchase beauty product inventory for her retail beauty shop. This loan has been fully funded!
Mrs. Purevsuren, 42 years old, lives with her mother and son in an apartment in the Khan-uul district of Ulaanbaatar city. Her son is a high school student.
Since 1995, Purevsuren has worked in the “National Center for Infectious Diseases With Natural Foci” as a laboratory technician. Now, however, she is planning to start her own private business selling beauty products.
She needs 2,000,000 MNT to purchase beauty product inventory for her retail beauty shop. She is a hardworking woman who says, ”I will spend the profits from my business on my son’s tuition.” -Kiva
A loan of $1,300 helped Nurys in El Seybo, Dominican Republic to buy shoes, clothes, accessories, and cosmetics for resale. This loan has been fully funded!
“Nurys sells shoes, cosmetics, clothing, and jewelry. She is running a small store, where she sells all these products and other goods. She will use this loan to reinvest in her business and increase her inventory. Nurys said her most important challenge is to save enough money to provide for her family and to improve her business. She enjoys doing business.
Nurys will use her business profits to reinvest and save. Nurys thanks all of you for your support!” -Kiva
A loan of $1,150 helped Lucia in Mala, Peru to purchase a motor taxi. This loan has been fully funded!
“Lucia is a 42 year old woman who lives in the city of Cañete in the district of Mala with her husband and her 6 children, of whom two are still in her care and the rest are already adults.
Thanks to her family’s support and with a great deal of dedication, she started a small business selling fried food and breakfasts two years ago. She works every day and goes to a market in the district very early in the morning to make her sales. She works approximately 10 hours a day and believes she is doing so well because of her foods’ good flavoring and because of her friendly service to her customers.
Lucia is very grateful to Kiva lenders because thanks to their help she will be able to purchase a motor taxi, which will be a great help in transporting her food to her work site and also in making deliveries to the homes of some of her customers who request them. In this way, Lucia hopes to be able to increase her sales and income. Thus, she will continue working hard to be able to provide a higher education to her two remaining minor children.” -Kiva
A loan of $850 helped Paul Okothto in Kilifi, Kenya purchase more metals for welding. This loan has been fully funded!
“Paul is a 33-year-old married father of four children. He runs a welding business in Mnarani, Kilifi and has been in the business for the last four years. The business is doing well and he has been able to support his family well.
This marks Paul’s third loan from KADET LTD to finance his business, and with the money, he plans to purchase more metals for welding.
With the anticipated profits he hopes to be able to repay his KADET loan and to expand his business even further, and also to improve his family’s living standards. In future, Paul hopes to open up new ventures in Kilifi and to become a successful entrepreneur.” -Kiva
A loan of $375 helped Juan Carlos Guevara Esteven in Managua, Nicaragua to buy glass, silicon, and other materials for making display cabinets. This loan has been fully funded!
“Juan is a hardworking gentleman. He is single and his children are grown. His plans include improving his standard of living.
Juan is a craftsman who spends his time making display cabinets. He has experienced health problems, but he still has plans to establish a vending post at the market. Juan started his business with his own funds and has plans to move forward. This loan will be invested in raw materials such as sheets of glass, silicon, and other supplies. He hopes to generate better profits so that he can invest in improvements to the infrastructure of his business.
Juan is grateful for the financial support that has aided in the socio-economic development of his family.” -Kiva
A loan of $1,175 helped Linda in GMA, Cavite, Philippines to pay for raw materials to produce colorful coin banks. This loan has been fully funded!
“This is Linda, 51, resident of GMA, Cavite City, Philippines. She is married to Rolando, a cook, and is a mother to her children. She, together with her husband and children, manages the household while operating the business. At this time, she is working hard to continually provide income for her everyday expenses.
Linda operates a coin bank manufacturing business. She buys raw materials used in coin bank production and processes it to produce colorful coin banks. Her finished products were distributed to markets, general stores and other places where she has contacts for her products where she earns a margin for every coin bank she delivers. She earns a minimum of Php7500 in profit every week.
To help her continue operations of her business, she is requesting a Php50,000 loan. She will be utilizing the loan to buy raw materials needed in coin bank production and other supplies for her business. She expects a boost in her business income as she expands her business.
Linda dreams to be able to give her all her children a good and high quality education through all her hard work on her business and she also hopes to tap more customers in the future. She faithfully meets up with her co-fellowship members to share stories of her work every week and where she can also draw strength and inspiration from the Word of God she studies.” -Kiva
Kiva is a non-profit organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $25 to help create opportunity around the world. Learn more about how it works.
Loans that Change Lives.www.kiva.org
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