The Steps Foundation is pleased to announce that we have funded an additional $50,000 for microloans in East Africa through Kiva. In places like East Africa, where people are often living on less than $1/day, having access to low cost credit can mean the difference between self-sufficiency and a continuing cycle of poverty. Microloans through Kiva are just what many people need to kick start a business or cover an otherwise crippling expense. These loans are especially helpful for women who can be empowered to provide for their families.
Thank you to everyone who has supported these loans! They are truly making a difference in the lives of people who just need a hand up.