Monthly Archive: January 2014

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Homeboy Industries Sign of Hope

Homeboy Industries in Los Angeles, CA serves high-risk, formerly gang-involved men and women with a continuum of free services and programs, and operates seven social enterprises that serve as job-training sites. “Homeboy Industries has been the tipping point to change the metaphors around gangs and how we deal with them in Los Angeles County. This organization has engaged the imagination of 120,000 gang members and helped them to stop the pattern of violence, addiction and incarceration.”  said Father Greg

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KIVA Loan 100% Repaid!

Success!! This loan was 100% repaid. A loan of $200 that Global Marketplace helped make helped Sonia to buy more cheese and yogurt for her wholesale food business. Sonia, 37, is an exemplary mother. She lives with her husband, Juan Carlos. They have 2 children, Milagros and Juan, whom they are raising in her grandmother’s house, located in the district of Huachac, Peru. For more information about our KIVA Loan Program and how you can help click on the link above.

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Just Coffee Cooperative

  Just Coffee Cooperative is an all-women worker-owned coffee roaster dedicated to creating and expanding a model of trade based on transparency, equality, and human dignity. They strive to build long-term relationships with small-scale coffee growers to bring you a truly incredible cup of coffee. The group almost when out of business until the women were put in charge. Then, they prospered.

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Our Kiva Loan Program

KIVA Loan Program   We just received this note from Kiva regarding our microcredit loan fund. Thanks to all who have contributed. Just a quick note to say… thanks! You may not know it, but all of the loans you’ve made put you in the top 1% of lenders for …2013! Amazing! Supporters like you inspire us each and every day. Every time you lend, make a donation, or invite a friend to join Kiva, you make a difference. You’re the reason we’ve been able to reach 1 million borrowers worldwide — and counting. Best wishes, The Kiva Team

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Happy Holiday Message from SMT Team

Dear GlobalMarketplace.org, We are wishing you HAPPY HOLIDAYS and best wishes for a joyful and prosperous New Year 2014. On behalf of the borrowers we serve, we will like to THANK YOU ALL, for supporting the people of Sierra Leone through Salone Microfinance Trust (SMT). We say:  thank you, thank you, thank you. Best wishes, The SMT Team! Salone Microfinance Trust (SMT), a partner of ChildFund International Posted by Ibrahim Oumarr Jalloh from Waterloo, Sierra Leone Dec 30, 2013

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UNDP Report “The Rise of the South”

The 21st century is witnessing a profound shift in global dynamics, driven by the fast-rising new powers of the developing world. China has overtaken Japan as the world’s second biggest economy, lifting hundreds of millions of people out of poverty in the process. India is reshaping its future with new entrepreneurial creativity and social policy innovation. Brazil is raising its living standards by expanding international relationships and antipoverty programmes that are emulated worldwide. To read the full United Nations Development Program report click on this link:  “The Rise of the South”

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Loan to Saumu 100% Repaid

The loan was 100% repaid. A loan of $200 helped Saumu to purchase additional stocks of clothes. Saumu lives in the coastal town of Mombasa, Kenya. She has owned and operated a clothing store for three years. She started the business through a loan from her brother, after divorcing her husband. Saumu also operates a food stall that is located at a strategic point along the street. be in a position to open other stores in the future.