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Kiva Loans Help Build Beauty Businesses Worldwide

About a year ago, we posted a blog about microloans we financed via Kiva.org. We said “The best thing about running a site that helps people find a cosmetology school is helping people make their dreams a reality. “ Well, we have succeeded in helping seven businesses make their dreams a reality so far. Those seven have paid their loans back in full, so now that money has been re-invested in others pursuing their dreams in the beauty field. To date, we have reached 17 businesses across the globe.

We’re most excited about the beauty businesses we’ve helped. We have loaned to a beauty salon in Tanzania and supported cosmetics sales in Nicaragua. Pictured here is Rolith Saavedra Rodriguez, who lives in San José de Sisa - San Martin, Peru. She is a hairstylist and makeup artist. She owns her own beauty salon where she also sells beauty products, while also providing haircuts, dye jobs and beauty treatments. She hoped to buy beauty products such as perfumes for women, men, and children, deodorants, jewelry, nail polish and lotions. She also hoped to replenish her salon with new hair dyes, scissors and face treatments. She is 40 years of age and lives with her husband and three children who are still dependent on her.

It is an amazing feeling to be able to help those with whom we share a common interest, even across incredibly different circumstances and cultures. And who knows? If these women were in the U.S. or Canada, maybe they would have found their beauty schools through our very own Beauty Schools Directory!

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One Response to “Kiva Loans Help Build Beauty Businesses Worldwide”

  1. Lori O Says:

    This is really cool! It’s great to see US companies reaching out and positively impacting the people in other countries. What a great way to help out!

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