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Sunday, February 12, 2012

Kiva Gives the Gift of Hope


Every day I wake up I am preparing for my day ahead, I lose sight of what I have and the things I take for granted. There are some things that have become part of my daily routine I rarely think about such as my daily Starbucks habit.  Five dollars a day doesn’t seem like much, but it is for a country whose average annual income is $119.  
The Mapendo Plus Group is a group of ten micro-entrepreneurs.  The chairwoman, Sylvie has proven herself to be successful. She has a customer based business based on excellent customer service and good management skills. The money raised would be used to purchase inventory to expand business to create an additional profit.
These members have gone through due diligence. It is the initial screen where Kiva has analyzed and audited the financial statements, portfolio reports, resumes of Board and Management, organizational manuals, projections, and ratings.  So far, Sylvie has successfully repaid nine loans. The risk is minimal based on Sylvie’s past history.
My need for a fancy drink doesn’t pale in comparison to the needs of these women. One week without coffee would provide for a family whose weekly profit is less than $90. I urge you, Professor Bolduc-Simpson to give up one luxury for a short amount of time.  This generous gift would provide an opportunity to those who do not have the luxuries that we all so often take for granted.

1 comment:

  1. I loved your use of pathos, logos, and ethos in your argument for me to lend $50 to this group. I was hoping that you could have provided me with the following: 1. Where does this group come from? 2. What kind of customer-service business do they provide?
    I like very much that you mentioned they paid off nine loans already. I would need more information about this group to make an informed decision.

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