Enchantiques supports entrepreneurs in the developing world through Kiva.
Read below how you can make a difference too!
How Kiva works:
Step 1: Choose a business The businesses on our site are always changing. They are being uploaded by our microfinance partners around the world. You can find a new business on the home page or on the Businesses 'In Need' page.
Step 2: Make a loan When you have selected a business, you can make a loan using your credit card (via PayPal). You can loan as little as $25 at a time. Checking out is easy and safe because of PayPal.
Step 3: Receive journals and payments Periodically, you will hear back from the business you sponsor. Partner representatives (often loan officers) write directly to the website to keep you informed on the progress of the business. If you choose, you can receive these via email.
Step 4: Withdraw or re-loan When your Kiva loan is repaid, you can choose to withdraw your funds or re-loan to a new business.
December 2007
Presently money has been loaned to:
June 2008: fully repaid!
Ms. Maria Guadalupe Covarrubias Martinez, Mexico
June 2008: fully repaid!
Ms. Le Thi Phuong, Vietnam
January 2009: fully repaid!
Ms. Eunike Lema, Tanzania
March 2009: fully repaid!
Ms. Joyce Jonathani, Tanzania
March 2009: fully repaid!
Ms. Margarita Saldana Cardozo, Bolivia
February 2010: fully repaid!
www.kiva.org
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