Saturday, June 21, 2008

Kiva.org/Sok Ry Update

About 6 months ago, I opened an account on kiva.org. It's a micro-finance/micro-loan non-profit organization. You can get the details by checking out my original post at: http://davidintaiwan.blogspot.com/2007/10/kivaorg-baby-steps-towards-making.html

I was one of the lenders to a woman named Sok Ry in Cambodia. The money was disbursed in November, 2007, and was to be repaid in 18 monthly payments. Well, it looks like she is doing VERY well and has managed to pay off the loan in just 7 months!

As a result, I am going to take part in another loan. I encourage all of you to get involved. It's a wonderful way to give someone the boost that they need to succeed.

Here is a link to the page with the details of the recently completed loan:
http://www.kiva.org/app.php?page=businesses&action=about&id=22004

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