A few months back, I opened an account on Kiva.org. My first loan went to a 50 year old woman selling medicines in Cambodia. The beneficiary, Sok Ry, has recently made her first scheduled payment on the loan. She will make 18 payments of $67.00 in order to repay the $1200.00 loan.
It's exciting to see the system working. I hope that the $1200.00 will open up more ways for Sok Ry and her family to flourish.
I am currently searching for another entrepreneur to lend to.
This is good stuff people. It's a wonderful way for individuals to team up and make a difference in the lives of people trying to better their world. Do yourself a favor and check it out at www.Kiva.org.
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