Did you know that Owen’s Net Impact chapter is a lender to a Kiva entrepreneur?

Two years ago, our Net Impact chapter contributed a small loan to help a Kiva entrepreneur work towards economic independence. Our entrepreneur is Eldar Mammadov.  He is 70 years old, married, and lives with his 5 children in the Khoshchobanli village, situated in Imishli in the sothern part of Azerbaijan. Eldar applied for his loan to buy a second cow and a calf to support his small business and to be able to better provide for his family and their needs. The estimated prices for a a cow and a calf are US$800 and US$400, respectively.

In the coming year, Owen’s Net Impact chapter hopes to continue our support of Kiva entrepreneurs.  As we do so, we will share regular updates about our entrepreneurs and their loans.

For more information about Kiva or micro-lending, visit these Web sites:

www.kiva.org

www.grameenfoundation.org