Last week in my inbox I received notification that my micro loan to my KIVA borrower for the purchase of pigs had been repaid.
Huh? I hear you say. What in the dickens is KIVA and why did you lend them money to buy pigs.
KIVA is an organisation that facilitates the funding of money for worthwhile causes throughout the world. It’s a brilliant concept.
For as little as $25 dollars you can be part of a team that providers a micro loan for all sorts of reasons. It could be for school fees, fertilizer, farm animals (such as pigs) or any other scheme that benefits the borrower and more times than not their family as well.
Over a period of between 6 and 24 months the loan is paid back and once all repayments have been completed you simply re-lend the original $25 to another KIVA borrower. I’ve just done this and would like to share with you Nelly’s story taken off KIVA’s website.
Señora Nelly is 44 years old, and a widow with 3 children. She works in her business, raising and selling animals, and she also works in agriculture. She raises and fattens guinea pigs and hens, selling them later in the different markets; and it is by means of this little business that she provides for her children. Nelly’s dream is to have a store where she would be able to sell the guinea pigs and hens. She is requesting a loan in order to purchase guinea pigs and hens, and feed for them.
She belong to the Ccolque T Ikari-Chocopia Communal Bank. This bank is located in the district of Colquepata, which belongs to the province of Paucartambo (Peru) and the department of Cusco. The other members of the Communal Bank are engaged in the business of livestock-raising, animal sales, a grocery store, and a food business.
Now you did read right, Nelly does raise and sell guinea pigs for food. In Peru this is very common. My own cultural sensitivities would not allow me to eat this furry rodent but I am not a struggling farmer in Peru either.
Guinea pigs are considered an excellent source of protein in Peru, Ecuador and Columbia. From an environment perspective, per kilo of meat, guinea pigs are 50% kinder to the planet in terms of the energy required to produce the meat. If you’d like to read more about guinea pigs as a food source click here.
If this little post has piqued your interest to find out more about KIVA then click here to be taken to their homepage. If after reading their blurb you are interested in joining up please do so via my page. As the person who introduces someone to KIVA they provide for me a $25 loan to also give to another worthwhile cause thus doubling the impact. If you’d like to do that click here
This IS NOT a sponsored post – just me