When I began Eco Child’s Play almost a year ago, I pledged to invest in Kiva loans with a portion of the income the blog may generate. Even with all the recent changes to Eco Child’s Play, I still plan to maintain this small gesture of social responsibility. If you are not familiar with Kiva, this organization helps you empower an entrepreneur in a third world country by lending small amounts of money (as low as $25) to a specific entrepreneur, helping end global poverty one person at a time. Once you make a loan, you will receive email updates about the businesses you are supporting. A typical loan lasts 6-12 months.
Our second Eco Child’s Play Kiva loan goes to Jazmin Sanchez. According to Kiva,
Jazmin owns a small restaurant in Guayaquil, Ecuador. She has operated this small business for a year now, but she spent many years learning how to run a restaurant from her mother who was in the same line of work. Jazmin used her first Mifex and Kiva loan to purchase raw materials and ingredients for her business such as rice, butter, flour eggs, and dishes. She also renovated the portion of her home she uses as the restaurant. Jazmin attends to her clients closely and they are please with the quality food and service she provides.
As Jazmin’s business developed she saw another opportunity to augment her income by selling clothing, fashion accessories and perfumes from her home. With her mother’s help in the restaurant, she has been able to attend to the sale of these products.
Jazmin is requesting a second loan to further improve her restaurant with drinks. Her clients have requested juices and soft drinks. She is a single mother of four. Ms. Sanchez wants lenders to know that she is extremely hard working and entrepreneurial, and her wish is to make the restaurant popular so she can earn enough to send her children to school.
As we receive updates on Jazmin, I will pass them on to our readers. If you are interested in learning about our first Eco Child’s Play Kiva loan, click here.
Photo of Jazmin courtesy of Kiva.org.