By Aja Duniven | Project Leader
I am excited to report that we have continued collecting payments from the Miracles with Microloan pilot program with the women in Kenya! Leah and Consolata, our Kenyan project managers, are working on the most current reports and the first round of testimonials.
In July 2011 we delivered 30 loans to women in the Kuwinda slum. Each woman received about $100 USD to start or expand her small business. Now the women are busy creating successful businesses and paying back their loans. On average the women are about halfway repaid on the loans and interest.
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