Monday, January 7, 2013

Our first microloan candidates!

Tomorrow is our club bake sale to raise money to make our first microloans.

By purchasing something at the bake sale, you'll also be able to vote. 

Do you want your dollar to be lent to:

Candidate A:





Uk is 25 years old, a resident living in Kompong Speu province. Uk is a hardworking man who currently works for a garment factory and also operates farming on his own farmland. Since he started working in the factory, Uk has met his wife and they happily got married. This couple doesn’t have any children yet but they plan to have one next year. Together, they can make around 8.00 USD to support their living.

Uk is now taking out a loan through HKL, a longstanding Kiva partner, to purchase a couple of cows for the maintenance of the rice fields. The two cows will help him in his farm work and also cut down his operation costs. For his future plan, Uk will save his income partially for the expansion of his farming business.


Candidate B:





Mrs. Oyunchimeg is 56 years old and lives with her husband and two grandchildren in a ger in the Hovd province in Mongolia. Her husband, Pagma, runs a taxi service within the town. Her children married and moved out of their parents' house. Her grandchildren Enhtemujin, age 3, and Enhtemulen, age 1, stay home with her because their parents go to work and they have not reached kindergarten age yet. Mrs. Oyunchimeg has been running her tailoring business at home since 1991. She used to work at a state-owned tailoring company for years. She has built a strong relationship with suppliers and customers. She is now requesting 1,600,000 MNT to purchase inventory for her tailoring business from Ulaanbaatar at a cheaper price. She is a hardworking and kind person.

We've set up a poll in the sidebar -- which candidate did you vote for?

Don't forget -- buying food at the bake sale means that when our loans are repaid, you'll get free food. Just put your name on the back of the card that the cashier gives you.








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