Confession time - Mamapads for Zimbabwe

Dunners
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Re: Confession time - Mamapads for Zimbabwe

Post by Dunners » Wed Jul 31, 2013 10:59 pm

I'd happily look after a Kiva investment. It shouldn't be too time consuming - it's a good year minimum for most to mature (3 years with India).

ETA: there are 8 for Zimbabwe at the moment - http://www.kiva.org/lend?sortBy=amountL ... s%5B%5D=ZW
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Kaz
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Re: Confession time - Mamapads for Zimbabwe

Post by Kaz » Thu Aug 01, 2013 7:01 am

I vote we nominate Leanne to oversee the loan, since she is happy to do it :D

We could have a poll run over a few days to decide where the money goes. It would be nice to have a say in who is helped.
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Minty
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Re: Confession time - Mamapads for Zimbabwe

Post by Minty » Thu Aug 01, 2013 7:44 am

The other thing with Kiva is that at any stage you can dedicate the next loan, say to TNN, then the next time it is repaid you don't get it back, it goes back into Kiva to help pay for operational costs, which in the long run helps with things like setting up new field partners etc. So it's not a commitment to constantly reinvest it forever, you can get to a point and then essentially donate the remaining balance directly to Kiva. It's lots of fun reinvesting though, and when you have several loans on the go you get to do it fairly regularly. :vibes: Once the initial loans start repaying the balance would be free to reinvest about once a month or so (I'm guessing based on my experience), so it is a matter of choosing a new borrower once a month, which takes about two minutes.

Just spotted Kylie's post, yes that's right. I was thrilled to see yesterday that Kiva are now making loans to women in Zimbabwe, as the last time I checked there were no Zimbabwe loans being disbursed. We loaned some money to a group of five ladies who wanted to buy chickens and feed to expand their poultry business. :vibes: :chicken: :chicken: :chicken: There are still other opportunities for women in Zimbabwe, such as this group, the Progress Sisters Group: http://www.kiva.org/lend/587534

They also have lots of other cool featured categories for lending, such as:

Higher Education (I dedicated a loan like this to my DH when he finished his PhD).
Conflict Zones (such as Yabom in Sierra Leone who has four children and is running a waxed cotton business http://www.kiva.org/lend/586382 )
Islamic Finance (this women's group wanting to buy a sewing machine http://www.kiva.org/lend/586919 many of us can relate to that :vibes:).
Housing
Vulnerable Groups (such as widows, refuges)
Group Loans (to help communities - although that often occurs anyway, with any of the loans).
Green (so Ahammadah in Uganda can buy organic manure for his coffee and bananas http://www.kiva.org/lend/587850 ).
Housing
Youth (25yo Ghadeer in Jordan wants to help her husband's bicycle business by buying a new machine http://www.kiva.org/lend/588411 )
Startups
Underbanked areas (where is almost impossible to get any other sort of loan).

Just a thought, perhaps buyers of pad packs could also give their preference for country or category of loan. It's too difficult to pin down a specific loan party, except at the time you are making it, because they can be fully funded very quickly, so what is available this morning, probably won't be by lunchtime. However if you were to give a general idea such as 'Loan to a women's group in a conflict zone' or 'Higher Education in South America' with the understanding that we'll endeavour to find a good match. Happy to get together with you Leanne and help you set up the initial loans (which will take the most time) as there will be nearly twenty of them. :D

All the loans can be linked here so anyone can see how they are going. :vibes:
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Louise
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Re: Confession time - Mamapads for Zimbabwe

Post by Louise » Thu Aug 01, 2013 2:13 pm

I like the idea of the loan going to women in Zimbabwe since the pads were meant for women in Zimbabwe to begin with. I am happy to go with Kiva.
And I like the idea of being updated with how the loan is going (although I am not buying any pads so not sure if my 'vote' counts).

Ok so we are back to KIVA with Leanne or Nicci overseeing the loan?

I don't know if we need a poll and individual loans? Maybe Nicci you could PM the buyers to see their preference?
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Re: Confession time - Mamapads for Zimbabwe

Post by Petals » Thu Aug 01, 2013 3:19 pm

I'm happy with whatever Leanne and Nicci decide, I don't need to have any input in to who or where or anything, I'm sure they'll do a great job at choosing and that the money (and efforts of the TNNers who made the pads int he first place) will be put to good use regardless of who the borrowers are.
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Minty
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Re: Confession time - Mamapads for Zimbabwe

Post by Minty » Thu Aug 01, 2013 4:58 pm

Louise wrote:I like the idea of the loan going to women in Zimbabwe since the pads were meant for women in Zimbabwe to begin with. I am happy to go with Kiva.
And I like the idea of being updated with how the loan is going (although I am not buying any pads so not sure if my 'vote' counts).

Ok so we are back to KIVA with Leanne or Nicci overseeing the loan?

I don't know if we need a poll and individual loans? Maybe Nicci you could PM the buyers to see their preference?
Yep, I'm happy to work with Leanne on it and report back here once we're done. :D

If anyone has a preference could they please check out Kiva first (so that you know the sort of loan you are thinking of is typically available) and then PM the details, otherwise we'll choose a selection of loans that help women.

http://www.kiva.org/
Nic
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