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	<title>Elegant Roots Blog &#187; kiva.org</title>
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		<title>New Kiva.org Loan</title>
		<link>http://www.elegantroots.com/blog/fair-trade/new-kivaorg-loan/</link>
		<comments>http://www.elegantroots.com/blog/fair-trade/new-kivaorg-loan/#comments</comments>
		<pubDate>Thu, 16 Jul 2009 17:13:51 +0000</pubDate>
		<dc:creator>elegantroots</dc:creator>
				<category><![CDATA[Fair Trade/ Social Justice]]></category>
		<category><![CDATA[Elegant Roots]]></category>
		<category><![CDATA[ElegRoo]]></category>
		<category><![CDATA[Honduras]]></category>
		<category><![CDATA[Kiva]]></category>
		<category><![CDATA[kiva.org]]></category>
		<category><![CDATA[microloan]]></category>
		<category><![CDATA[socially responsible]]></category>

		<guid isPermaLink="false">http://www.elegantroots.com/blog/?p=110</guid>
		<description><![CDATA[    ElegRoo is happy to report it has just completed another microloan through the outstanding site kiva.org. The notion of providing support on a person-to-person basis aligns perfectly with the core values of Elegant Roots &#8212; the very reason it exists is to support the visions of those striking out on their [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.elegantroots.com/blog/wp-content/uploads/2009/07/jesusgustavo1-300x225.jpg" alt="jesusgustavo1" title="jesusgustavo1" width="300" height="225" class="alignleft size-medium wp-image-115" />    ElegRoo is happy to report it has just completed another microloan through the outstanding site kiva.org. The notion of providing support on a person-to-person basis aligns perfectly with the core values of Elegant Roots &#8212; the very reason it exists is to support the visions of those striking out on their own to make a product in which they have pride. For ElegRoo, we focus on socially responsible products. We can&#8217;t determine that with regard to every kiva microloan. Regardless, first steps in a positive direction have great value. We&#8217;re thrilled to be able to assist, as we are with each of the artisans/designers/small businesses that you will find represented on the pages of ElegantRoots.com. </p>
<p>Our loan of a modest $25 put Mr. Jesus Gustavo Espinoza Almendares of Honduras over top on his requested loan.      The fact that we could make the completing loan adds a certain thrill to an otherwise rewarding experience of a person-to-person gesture. Especially given the unsettled nature of Honduran politics, we&#8217;re hoping that this loan can accord a modicum of stability.</p>
<p>Taken from kiva: Mr. Jesus Gustavo Espinoza Almendares has been running his own carpentry business for over 4 years. His business operates under the name of Carpinteria ESPINOZA.</p>
<p>In his workshop he produces a large variety of furniture such as panel doors, windows, tables, dressers and beds. His workshop stands out because it also produces wood panels for vehicles.</p>
<p>He lives with his common law wife and is a father of 3 children, who depend on him 100%. All of his children are in school. With the profits that the business generates, he is able to cover his financial needs at the moment.</p>
<p>He needs a loan to move his business forward. He also has a project to manufacture several types of furniture and he needs the capital to start this project.</p>
<p>ElegRoo (and this writer) strongly recommend that you check out kiva.org. You can now loan to US persons. You can create a &#8220;team&#8221; for loans &#8212; I just saw one associated with a wedding (a great idea to start married life with such a cooperative gesture of goodwill). </p>
<p>Try kiva. You&#8217;ll like it. I can guarantee it.</p>
<p>Later.</p>
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