Comptel’s Kiva Partnership: 1 Year, 11 Loans, 9 Countries

Posted: September 26th, 2013 | Author: Leila Heijola | Filed under: Around the World | Tags: , , | 1 Comment »

In late 2012, Comptel began working with, a group focused on lending funds for projects around the world. As we begin the New Year, we’ve already seen the positive impact Kiva has on communities in need.

We have made 11 loans – some bigger, some smaller, divided into nine countries across the world. Four of our original loans have been fully paid, and we have found new projects in new countries to fund since then.

Here are two recent recipients of Comptel’s Kiva loans:

Tatyana, Ukraine

Tatyana from Ukraine sells various retail goods at one of the markets in Pavlograd, an industrial city in eastern Ukraine. She has her own retail outlet, located in the food rows of the market. Tatyana has been in this business for 16 years.

Tatyana needed a small loan to purchase bags, jars, lids and other household goods for canning berries, fruits and vegetables. Summer is the season for canning for many people in Ukraine. Many Ukrainians love dachas and grow their vegetables on small land plots, and then can fruits and vegetables to prepare for the winter. Tatyana knows about this Ukrainian tradition and wants to get ready for the busy season and increased demand.

Phuong, Vietnam

Phuong is an entrepreneur who lives with her family in Ho Chi Minh City, the largest city in Vietnam. Phuong earns an income by running a business of producing and selling shoes. She started this business fifteen years ago.

Phuong wanted to take a loan to expand her current business. With the loan, she bought leather materials and accessories for producing a greater variety and quantity of shoes.

We invite you to take part in Comptel’s team and help us provide financial services to low-income individuals or to those who do not have access to typical banking services. By helping people around the world build businesses, we can do our part to help communities around the world grow stronger and more vibrant.