Morristown: Microloans Change Lives

40 Lives Changed by MUF Sponsored KIVA Micro-loans

In May 2011, the Morristown Unitarian Fellowship initiated a series of micro-loans with $1,165 raised through a dedicated collection. This allowed them to provide loans to 14 individuals in 8 countries. Once the first round of loans was repaid, 20 additional people in 17 countries were provided loans in 2012. Then timely repayment of these loans has enabled them to extend loans to six additional individuals in five countries.