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    « Kucinich | Main | VectorMagic »

    Kiva: New Loans

    I've put out three new loans on Kiva.org. These are small amounts (about $25 each this time) pooled together with other lenders to constitue loans that range from a couple of hundred dollars to a thousand. The loans are given to small business people in developing countries and paid off over a year or two. Here are my recipients this time around:

    Lole Lemalu

    Lole has a convenience store in Samoa that she's been running for 4 years. She got a $300 loan to expand the shop and inventory.

    Hannah Taupo

    Hannah has a plantation business in Samoa. She got a $475 loan to buy equipment for the business. If all goes well, she plans on getting another loan after this one is paid off to help her daughter go to University.

    Irène Dakini

    Irène is a hairdresser and will use a $1000 loan to add beauty supply inventory that her customers have asked for.

    Posted on 2007.11.21 at 10:13 AM in News |

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