Berea Rotary made 13 more loans through KIVA recently. Chair Matt Lombardi says activity has been really low because of COVID. The new loans bring our total to 894 with a value of $22,400.
The recent loans were made to Kenya, Paraguay, Uganda, Mozambique, Tajikistan, Burkina Faso (4), Vietnam (3) and Guatemala. The loans will support food and clothing for resale, cattle and livestock, building a home toilet and farming supplies. All loans were made to individuals who are going into their third loan cycle or greater.
The number of countries we are able to make loans to has been limited and those countries have the greatest risk for currency exchange loss.
Thanks to Matt for continuing to chair this worthy project in unsettling times.