Monday, July 30, 2012

Kiva Microfinance Loan #4 - Rose




Rose is a farmer in Eldoret where she resides in her rural home with her husband and two children aged 7 and 1 year old. She has been in farming for twelve successive years with her major produce being maize, milk, eggs and vegetables. She runs a cereals retail business besides farming.

Rose has requested a loan of $750 to buy and insure a dairy. She plans to buy more land to enable her to plant at least ten acres of maize every planting season to boost her cereals business. She currently sources some cereals from local middlemen who charge exorbitant prices.

She laments of the high costs of inputs, especially during dry seasons, and unstable prices for farm produce in the local markets.

Kiva Update


Faith, the tea-growing farmer from Kenya has repaid the loan we contributed to in May.  The loan was not due to be re-paid for 12 months so this is a real bonus for our group because we can now re-lend that money to another female farmer in need from Africa.

Christmas in July


                    
Saturday night saw 13 of our members plus husbands enjoy a Christmas in July celebration.  We have an End of Year/Christmas/Post Harvest celebration in December each year but a lot of people are so busy with other commitments or may still be harvesting that we usually only have a small party.  So it was decided a few years ago that a mid year outing would be more well-supported.

This year we went to Graze @ The Factory within the Junee Licorice and Chocolate Factory.  It was a wonderful night with lots of catching up for everyone, but especially the husbands who are only invited along to 2 events each year!!