Why the 15th is My New Favourite Day of Each Month
15 Mar 2011 Leave a Comment
in Doing Good, Peculiarly Awesome Tags: Kiva, microcredit, microfinance, microfunds, microloan, money
The 15th is my new favourite day of the month because it’s Kiva repayment day. Bits of your various loans come back and then it’s time to send the money out again!
Weird & wonderful how the same $25 can go help someone else far far away through re-loaning.
For example, the money that came back today from:
1 individual in Lebanon
3 individuals in Afghanistan
2 groups in Paraguay
1 group in Mexico
just helped fund $25 towards a group in the Dominican Republic.
Yay money recycling!
Wow. I hope somehow the message gets to the borrowers that they are helping people on the other side of the planet…
$199,373,025 in loans made through Kiva as of early this morning. Will you be the loan that tips it over the $200M mark?
Visit http://kiva.org to get started.
And I’m at http://kiva.org/lender/beverly.
And I’ve found Team CANADA http://www.kiva.org/team/team_canada to be a really fun and helpful team – feel free to ask questions on the team message board if there are things you are wondering about that the Kiva site doesn’t answer for you.
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