Our social project takes a flight….

the world needs a helping hand

In less than one month, we raised US$3,844 via this blog, through “Change Starts Here”, our social project. How about that for a change, hey?
That includes $61 raised via comments on the kickoff post.

Today, Elizabeth joined as our 7th member of The Road’s Kiva Lending team.

Thus far, together, we have allocated 30 loans to micro financing projects in about 20 countries.
A detailed status, you can find on our score card.

Original cartoon courtesy Daily Ink

Project 8: The Khursheed Anwar Women in Pakistan

Khursheed Anwar's group
Here is a summary of The Road’s 8th social project:

A micro-financing loan to the Khursheed Anwar Women’s Group in Pakistan.

Khursheed baji is the wife of Anwar and has been living in Riwind, Pakistan for the past 6 years.

She completed her education only until the 5th grade because her family was poor and could not afford her education expenses.

Khursheed baji is the mother of five children: two sons and three daughters. Her elder son runs a small hotel in his community. The remaining children are enrolled in a neighborhood school. Khursheed baji’s husband has been selling wood for the past 10 years, and she sells clothes. She buys second hand sweaters at cheap prices and resells them in her community.

Khursheed baji has successfully repaid her first loan, and is now applying for a loan to buy more warm clothes and sweaters to increase her profit. She is joined in her loan group by a few more women:
– Rahmat baji is requesting a loan to buy more shoes for resale.
– Sakina baji is requesting a loan to buy tools used to fix electronic items (air conditioners, tube lights).
– Parveen baji is requesting a loan to buy oil and gas for resale.
– Safia baji and Naseem baji are requesting a loan to buy more wood for resale.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in their own business. The members mutually guarantee one another’s loans. If one member does not repay, the other members are responsible for repayment. (Khursheed’s full profile on Kiva)

This loan goes through “Asasah”, the local micro financing partner of Kiva.

Loan Request: $1,550
Repayment terms: spread over 11 months (Deadline Dec 15 2009)
We gave her a loan of US$75

This is The Road’s 8th social project. The funds for this loan were donated by the VK0IR Heard Island expedition team.

Project 7: The Kim Houy Lach group in Cambodia

Kim Houy Lach Group

Here is a summary of The Road’s 7th social project:

A micro-financing loan to the Kim Houy Lach Group in Cambodia.

Kim Houy Lach from the Ba Khong Khang Kaeut village in Cambodia is 26. She is the mother of two children.

Her husband, Saom Mom, is a farmer who owns a 0.7-hectar plantation and cultivates rice for a living.

Kim is a poultry breeder and has raised about 40 ducks and chickens on the yard near her own house. Since this business is going well, she would like to expand it and asks for a loan to buy more poultry for breeding.

The loan is organised through the village bank which consists of fourteen people in her village. All the members will use the loan for different purposes. (Kim’s full profile on Kiva)

This loan goes through “AMK”, the local micro financing partner of Kiva.

Loan Request: $1,500
Repayment terms: 11 months (Deadline Dec 15 2009)
We gave her a loan of US$100

This is The Road’s 7th social project. The funds for this loan were donated by the VK0IR Heard Island expedition team.

Project 6: Ganna Shkirta in the Ukraine

Ganna Shkirta

Here is a summary of The Road’s sixth social project:

A micro-financing loan to Ganna Shkirta in Ukraine.

Ganna successfully runs her own fruit and vegetable sales business in downtown Korolyovo, Ukraine. She started her business 7 years ago.

One of the main secrets of her success is its favorable location in a busy neighborhood. Many customers have become loyal clients.

Ganna loves her work. She manages all her finances herself. Currently, she has about 15,000 Grivnas (+- US$2,700) invested in her business. Her monthly net profit is about 5,000 Grivnas (+- US$900).

Ganna requested a loan to purchase additional merchandise to increase her sales. With the additional profits, Ganna plans to continue developing her business, providing stable and consistent income for her family. (See Ganna’s full profile on Kiva)

This loan goes through “Hope Ukraine”, the local micro financing partner of Kiva.

Loan Request: $875
Repayment terms: 8 months (Deadline Aug 15 2009)
We gave her a loan of US$50

This is The Road’s 6th social project. The funds for this loan were donated by the VK0IR Heard Island expedition team.

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