FFP’s globally sustainable projects aim at creating income-generating or microfinance opportunities for individuals/families/communities in developing countries. Putting FFP’s mission into action, FFP :
Read below for our current list of micro-finance projects (in partnership with Kiva) or visit our Kiva lending page»
Ichinnorov is 29 years old and lives with her husband in Uyurkhangai province in Mongolia. She and her husband live in a ger, a traditional Mongolian nomadic tent.
Ichinnorov makes felt products such as slippers, hats and seat cushions which are sold at a souvenir stand in front of Erdene-Zuu, an ancient Mongolian Buddhist monastery. She began her craft business in 2004 and has since expanded her product line to include deels, traditional Mongolian coats.
Ichinnorov wants to increase her business and her profits by owning her own stand outside of Erdene-Zuu instead of relying on another person to sell her products. She is proud of her sewing abilities and would like to expand her product line even further so that she can broaden her customer base. She is requesting a 400,000 tugrug loan in order to buy more felt and sewing supplies in order to keep her business growing.
Kigundu Joseph is a very hard-working and honest man. He is a businessman involved in shoe making and repair and he has been transacting his businesses from Mubende Town council for 12 years. He is 31 years old and married with 2 children both in primary section, and he takes care of other 2 dependents. Over the years, he has been able to increase his customer base because of the experience he has and as a result, he is able to make 300,000/= in profit a month.
Joseph has a dream of buying a shoe-making machine to make his work easier and faster as well as building his own house so he can stop renting. Joseph needs a loan so that he will be able to boost his business by buying new products like thread, shoe soles, heels, rubber, and so on.
This is Ya Kadday Koroma, Fattie Issa, Mosses Kamara and Kadiatu Kuyateh. They named their group Ta Try Traders. They are local entrepreneurs in the town of Magburaka, about fifteen miles from Makeni City in northern Sierra Leone. This is the first loan they will receive from Kiva Lenders through SMT. With this loan, they will be able to expand their businesses, make more sales and increase their sales-to-profit-margin. As such, their living standard will improve, they will be able to send their children to school, feed and clothe them.
Ya Kadday Koroma (left) is the leader of the group. Ya Kaday is approximately fifty years of age. She was born in Magburaka town, where she currently resides together with her husband and five children. Ya Kaday sells used clothes and palm-oil (the most popular cooking oil). She has been a businesswoman since childhood days. Ya Kaday will invest this loan into her business.
Miss María Batz is 62 years old and is single. She works in the weaving business, making typical belts for women. She lives with her sisters and they all work in the same business, in a small shop with three looms. She has worked for 18 years in weaving. She lives in the Chirijcaja area of Cantón Poxlajuj in the department of Totonicapán, Guatamala. Currently her clientele’s demand has increased, but her economic conditions aren’t enough for her to increase her capital. It’s for this reason that she came to the ASDIR association to ask for a loan with the intention of buying raw material to increase her sales. She is also hoping to help her family so that they will have better living conditions. .
