My first two repaid micro-loans on Kiva
I’m excited. This week I got two notifications in my inbox from Kiva. Two of my micro-loans were paid back! These are loans I made in the past 6 months. One was to Anita Sabino in Comas, Peru, so that she could start a grocery store.
The second was to Asiyah Yanan in Rajeg, Tangerang, Indonesia, so that she could raise ducks.
I immediately used the $50 I got back to lend to two more entrepreneurs (one in Sudan and one in Vietnam).
Microcredit, one sustainable solution to global poverty. And why we are on this crazy bike ride of ours.
June 21st, 2008 at 3:18 pm
Comas Peru!!! I stayed there for 10 weeks! I don’t know Anita, but I would sure buy her Papas a la huancayna! Well done Alain, I think I’ll look into Kiva more closely right now.
June 25th, 2008 at 1:34 am
Wow, it doesn’t take long for your loans to be effective. I’m happy for them and wish them great success. It’s amazing how they did all that with only 50$!