Update on our Kiva account...

Loans that change lives

Our Rotary Club of Lloydminster has donated $1500 per year to KIVA since 2010, totalling $9151.

This money has been lent out and repaid in 1649 loans with a total value of $41,725 in loans! 

We contribute $25 to a loan along with other KIVA members to fully fund one individual, helping minimize our risk.  An average loan request is about $1500.

Click here to learn more about the borrowing process & review some FAQs: https://www.kiva.org/about/how

Here is a recent loan we supported!

Name:                    Norotiana

City, Country:          Antsirabe, Madagascar

Loan is for:             10 piglets and 2 tons of pig feed

Loan Amount:          $800

Loan Length: 14 months

Disbursed date:        May 6, 2016

# of lenders: 32 (one of which is our club)

Story:

Norotiana is a young 31 year old woman. She lives with her husband and his three children. She has a chicken-raising business.

Norotiana has already had loans from Vahatra in the past for developing her business of raising chicks. 

Norotiana’s previous loans enabled her to acquire new clients. She bought 200 chicklings and 500kg of grains to feed them.  She was able to earn substantial profits selling chickens. 

She is currently raising hogs, an activity that she launched two years ago. She is seeking a new loan to buy 10 piglets and a sufficient supply of pig feed. She is still raising chickens as well.

She hopes to earn more profits in order to bolster her savings and build a house on the land that she bought with the profits from the last loan.