As I have posted earlier, I been lending through Kiva.org for about 2.5 years now. Recently, I reached a landmark of 50 loans. These are some of the stats. There are more stats and info if you are interested @ http://www.kiva.org/lender/vidur3752 The interesting things to me are: I have no defaults till date and I [...]
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It has almost been a year since I started lending at Kiva.org and it would be fair to say I can come a long way. The most interesting change that Kiva folks made during this time is that instead of crediting the loan repayments to lender’s account at the end of loan term, they do [...]
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Nelida Adriana Diaz Pretel has a small bakery in Trujillo – La Libertad, Peru where she bakes cakes from local grocery stores and for birthdays & parties. She has requested a loan of $175 for 4 months to buy more ingredients for her cakes. 6 kiva lenders contributed to here loan. Bukaye B North a [...]
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GIE Casa Mas Group has raised a loan of $1,675 to start a restaurant on the beach in Carabane, Senegal. Their village is in the tourism zone and transit point for Spanish tourists. You can read more about the loan @ Kiva.org. The loan will be returned in 12 months and 60 Kiva member contributed [...]
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If you do, I would recommend Emin Muradov. He drives a self-owned taxi in Beylagan, Azerbaijan. He supports his wife and 2 kids with this income. Emin had requested for a loan of $1,200 to buy spare parts for the taxi. He intends to pay back in 12 months and 30 Kiva members has contributed [...]
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While I was looking for projects to lend to, I realized that there where no loan requests from India. I dug a little and Kiva doesn’t even have a ‘Field Partner’ there. The second most populous country, with a significant percentage of population below the poverty line, missing was bit of a surprise to me. [...]
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On May 19, 2008 I contributed towards the loan request from Ilgar Quliyev along with 36 other Kiva lenders. Ilgar has a shop and he has borrowed money to increase the inventory. He supports his wife and their 2 children. The loan amount is $1,200 and duration is 18 months. This also marks a change [...]
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Before you wonder how many loans I plan to make, a quick note; I have added a fixed amount to my Kiva account. I will make loans till I run out of the Kiva balance. As the loan is re-payed, I will re-loan. Juana Perdomo Puello of San Cristobal, Dominican Republic wanted a loan of [...]
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The second loan I made on Kiva.org was to Batuli’s Majengo north Group in Tanga, Tanzania. This is my first group loan. To learn more about group loans click here. The group has 3 members: Batuli, Zaina and Mwanahija. They sell shoes, clothes and bags at their respective businesses. The loan will enable the group [...]
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Recently, I wrote about Kiva.org. I am now a proud lender to 5 micro-enterprises. I want to share my loan making experiences with all. So, here is some information about my first loan. The loan was made to Habil Aliyev who lives in Baku, Azerbaijan. He buys old cars, which fixes then sells. He has [...]
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