|Lala in China|
Chinese loans are quite rare and loans to Chinese women practically fabled, so I was delighted to spot A Loan To Lala before it was filled. Lala makes traditional warm Tibetan clothing for children. She wanted funds to expand her workshop by employing five more staff.
In Lesotho, innovative business African Clean Energy provide alternative cookstoves to low-income communities. Traditional cookstoves generate severe health and environmental damage like respiratory diseases and black carbon (a severe contributor to climate change). ACE cookstoves are smokeless and ensure near complete combustion of fuel, eliminating black carbon. I lent to the Molungoa Group to buy their cookstoves.
I still have a few more repayments due by the end of this month so hope I will get to make a third loan before May. Would you like to join me on Kiva too?
|Molungoa Group in Lesotho|