Together we’ve raised $612,245 in small business loans!
Hear the story of how 23-year-old Rwandan Jean Bosco, used a Kiva loan to start his own biofuel business, managing his district’s poor waste system by turning their trash into fuel.
His solution was so innovative that this past June, he had the opportunity to meet ex-President Barack Obama and Facebook founder Mark Zuckerberg at the Global Entrepreneurship Summit in the US, and was asked to join them in a panel discussion about small businesses.
Reflecting on his $5,100 Kiva loan, funded through 145 lenders all over the world, he says –
“For me, it’s like a debt that I owe to people, not in terms of money, but a debt in terms of trust. Because these people are giving you money, and they didn’t come to see first-hand what you’re doing. So you need to pay back in terms of making it happen just like you said you would…”
See the full story on Kiva’s blog.