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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I heard about micro-lending when Dr. Muhammad Yunus received the Nobel Peace prize in 2006. I should have heard of it earlier, being an Indian & student of finance/economics. The idea immediately appealed to me, a loan small enough that doesn’t effect your life but can change the life of another, simply beautiful. The basic [...]
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Anyone in the Bay Area who wants to experience a bit of Indian culture and help underprivileged kids in India consider the “SSF Diwali Dandia Nite“. Small Steps Foundation Invites You ToBiggest Dandia Nite In Fremont When :November 3, 2007 at 7:30pm Where :Centerville Junior High School in Fremont Artist :Sharvari Dixit and her troupe [...]
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Parivaar was founded by this guy called Vinayak, who graduated out of IIT Kharagpur and IIM Calcutta, which are among the top 3 engineering and b-schools in India, and then decided to devote his life to uplifting the lives of children. He’s used all his education to good effect with Parivaar growing from 3 kids [...]
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Recently, my sister and group of friends started the ‘Small Steps Foundation’. SSF is a Not for Profit organization working to raise money that will be used to fund young and upcoming NGOs in India. The goal is to promote education and betterment of children. Currently they are funding Sshrishti, a Delhi based NGO helping [...]
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