New STEEM Powered KIVA loan - Bakery Tanzania by stephen-somers

kiva · @stephen-somers · Nov 18 '17 (edited)

$5.71

New STEEM Powered KIVA loan - Bakery Tanzania

I am pleased to announce, I’ve made another KIVA loan supported by Steemit. Last week, I posted an update in the repayments from the current [Steem powered KIVA loans](https://steemit.com/kiva/@stephen-somers/steem-powered-kiva-loan-update) I’ve made already and had some credit from the repayments to relend. Although the post reward from the update was just $1.90 I also received a generous donation from @ligayagardener. I’ve received notification that a couple more repayments have been made so I made a further US$25 loan to [Sayuni Group - Morogoro, Tanzania](https://www.kiva.org/lend/1415100) to to buy a new oven and ingredients for her bakery.

![60944EF1-33D3-481D-969C-2B6252B7EAA6.png](https://steemitimages.com/DQmf2TsnxZfMQApD1ZVL1kyK7nurYshZXC78WukJYvUPsV1/60944EF1-33D3-481D-969C-2B6252B7EAA6.png)

>Yulia is 42 years old and a married mother of one school-going child. She is an owner of a bakery that has been operating for 10 years. In her bakery she sells donuts, breads, and cakes, and she works from 7:30 a.m. to 6:00 p.m. daily; she earns a profit.
This will be her first loan request from Tujijenge Tanzania. She is applying for this loan to add more of bakery items such as kilos of wheat flour, sugar, yeast, eggs, and a brand new oven. Her dream is to open many branches in the near future.
Yulia will share a portion of this loan with her loan group members of "Sayuni Group" Morogoro.
In this group: Yulia, Weston, Antonia, Fatuma, Janeth, Salumu, Philomena, Winnie, Grace

>Loan length:
7 months
Repayment schedule: Monthly
Disbursed date: November 6, 2017
Currency exchange loss: Possible
Facilitated by Field Partner: Tujijenge Tanzania
Is borrower paying interest? Yes
Field Partner risk rating: 2.5 Stars

![4A9FA716-43AC-42CF-AB84-0B01B608E47B.jpeg](https://steemitimages.com/DQmcRyHCWBt1hogm5N71RUk7H9JZKkzBZFo4NQyj2BXfP1Y/4A9FA716-43AC-42CF-AB84-0B01B608E47B.jpeg)
This is an additional deposit to the KIVA loan fund of US$8.84 and my loan includes a donation of US$1.00 toward KIVA operating costs.

You can also use the link below to join myself and other Steemian KIVA lenders and allocate your loan to team Steemit . If you'd like to help by becoming a lender yourself, please check out the Steem lending team on KIVA

https://www.kiva.org/invitedby/stephen2333

[Follow Me on Twitter](https://twitter.com/steve_somers)

50/50 post : I pledge that the US$ equivalent of all the STEEM/SBD given as reward on this post will be paid to KIVA to add to my lending pool and multiply it many times over in the coming years...

![2FEE17C0-A22D-497C-83C5-425B617C1624.png](https://steemitimages.com/DQmT733fmw3AjpZwwFz3a1QnX7PZ1VKnowvFWwjjcxxXzwM/2FEE17C0-A22D-497C-83C5-425B617C1624.png) Thanks @bearone for the teamaustralia banner

👍 midnas-howler, prm, tarazkp, ausbitbank, themagus, shortcut, hilarski, centerlink, lovejuice, stephen-somers, mrsquiggle, pennsif, crowdfundedwhale, coinbitgold, solarguy, livinguktaiwan, thinknzombie, ausbitbot, prime-cleric, silverbug, goldkey, choogirl, remlaps, ratticus, frobear, mother2chicks, jaycobbell, unityofmulti, urs, teamaustralia, darth-azrael, silvergoldbotty, mumofmany, stokjockey, saltysteve, steemulator, darth-cryptic, anishkb, steemsquad, dejan.vuckovic, bitskaya, srotorfan, spastenech, banjo, shadowspub, webcoop, silvernova, natra, awesomianist, dennisphillips, brendashockley, tyedyefirepower, hotrix

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@choogirl · Nov 18 '17

This is really cool. I haven't looked into micro loans in years. Thanks for putting it back on my radar.

👍 stephen-somers

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@stephen-somers · Nov 18 '17

Be awesome if we had more Steemians  attributing loans to the KIVA Team STEEM.

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@livinguktaiwan · Nov 18 '17

I used to make loans via Kiva at my old company, they'd give credits to staff and we would choose our own beneficiaries.  It was great to see how a small amount can help people.  It would be even better if we could do it with Steem, hope we'll see that day sometime

👍 stephen-somers

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@stephen-somers · Nov 18 '17

Wow what a great initiative from an employer.
 I can pay my credit card with STEEM here in Australia via https://livingroomofsatoshi.com/ so when I make a KIVA loan with credit card via PayPal I can pay the STEEM onto my card.

👍 stephen-somers

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@bobinson · Nov 18 '17

Good going. (I will come back and vote when my vote has some monetary value to it. )

👍 stephen-somers

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@stephen-somers · Nov 18 '17

Thanks for the comment anyway. Not hard to wipe out your vote power around here.

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@bobinson · Nov 18 '17

yea, learned that the hard way.

I found out @lovejuice and just tested it (no puns intended!). Lets see how that goes

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@lovejuice · Nov 18 '17

<p>This post has received a 13.20 % upvote from @lovejuice thanks to: @bobinson.  They love you, so does Aggroed.  Please be sure to vote for Witnesses at https://steemit.com/~witnesses.</p>

👍 stephen-somers

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@stephen-somers · Nov 18 '17

Thanks @bobinson and @lovejuice

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@silvergoldbotty · Nov 19 '17

You have received an upvote from STAX. Thanks for being a member of the #steemsilvergold community and opting in (if you wish to be removed please follow the link). Please continue to support each other in this great community. To learn more about the #steemsilvergold community and STAX, [check this out.](https://steemit.com/steemsilvergold/@silvergoldbotty/introducing-stax-the-steemsilvergold-community-bot)

👍 stephen-somers

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