Cinnamon Toast Crunch
Cinnamon Toast Crunch family: Bryan Zinn, Joshua Scott, Cameron Zinn, Gunnar Vanderen, Claire Barton, Joanna Weidman, Sarah Dottavio, Nick Ladouceur, Steve Adams, Seth Neal, Claire Barton, Laura Rice, Sharon Houston, Kris Bennett,
Cinnamon Toast Crunch gathered empty cans and bottles and increased their $30 to $160. They purchased ducks and a goat for developing countries. They were also able to make two Kiva small business loans.
The beauty of the Kiva loan is that when the recepient is able to pay the loan back, the original loan amount is returned to us. This enables us to gift another small business loan to someone in a developing country.
It is a gft that keeps on giving!
Jorge Eduardo, from Costa Rica, is 46 years old. He is married and lives with his wife and their five children, who are his top priority. With this loan he will purchase products to help with his corn crop such as fertilizer, fungicides and herbicides to maintain his crop. His crop is well established and he wants is to get better results from it. He hopes to sell his corn for the maximum profit in order to meet his responsibilities at home and improve his financial well-being each day. This is his first loan with FUDECOSUR. He has never had a loan with other banks, but FEDECOSUR has provided a loan with the best terms and a much lower interest rate.
Cinnamon Toast Crunch also made a small business loan to
Mitoto Women Group in Kenya:
Agness, Emilly, Florence, Irene, Janet, Joy, Lucy, Mary, Mildred, Richard*, Wycliff
With this loan, One Acre Fund will purchase fertilizer, seeds, and other important farming inputs to distribute to this farmer group during Kenya's next planting season in February. This distribution of farming inputs is part of One Acre Fund's integrated agriculture package, which includes training, reliable input supply (such as fertilizer and seeds), credit and insurance. Clients enroll between July and October for the following planting season, which begins in February. By purchasing inputs during these months, One Acre Fund is able to take advantage of the historically low farm input prices during this time of year in Kenya.
