The team at GummiBand supports women in business around the world through micro-loans on Kiva. Kiva allows us to select female loan applicants from developing countries and help fund their entrepreneurial or educational dreams. Many of these women do not qualify or are not legally allowed to receive a traditional business loan from a bank, and alternative lenders are often predatory with high interest rates and scary collection methods. Our loans allow these women to either start or build a business that can then help support them, their family and their community. Read about our most recent loan sponsorships below:
Miriam - Bolivia
Miriam is a single mother of a daughter and lives with her mother. She is a merchant and also works preparing breakfasts which she sells to the street vendors. A loan helps Miriam to purchase supplies for her breakfast foods business.