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Dienstag, 15. Mai 2012

The first repayments and a new loan!

Today as I checked my Kiva.org account as I do sometimes 5 times a day I realised that I had just gotten $ 50.29 in Kiva credit and that 2 of my entrepreneurs (Rosemarie Dela Cruz from the Phillipines and Nubia Esperanza from Nicaragua) have both repayed a part of their loans! Now that they have repayed I can be sure that it is going well and can expect further repayments from these two people. This success has not only boosted my trust in Kiva but also enabled me to make 1 further loan to a person in Cambodia who wanted money to buy junk so he can recycle it and then build something new out of it. I thought that this was a very Eco friendly and smart way of making money in one of the poorest countries on earth. Thank you for having visited my blog and checking the progress that I am making. I would be very grateful if you could checkout the Kiva website and make any recommendations on my next loan(s)! After all with this big juicy repayment and another small investment on my part I still have $ 75 to loan! Thank you very much again and I hope to see you on my blog very soon again! If you are interested here are the two profiles of the people again and the new profile of the person that I have helped recently:
1. Rosemarie Dela Cruz from the Baliangao province in the Phillipiens. Rosemarie has been working in the Agriculture business for five years and is requesting a loan of $ 150 so she can buy more seeds and pay for the maintenance. Rosemarie is 32 years old, married and has four children. She is trying to maximize the money of her loan so she could also spare some for her family.
2. Nubia Esperanza is from the Granada state in Nicaragua, there she now runs a convenient store which sells chicken, eggs, meat, beverages, etc. She is married and has 3 children.
3.Thoeurn has been running the recycling business for 20 years and knows about every small trick of what you can do with what you call junk. Thoeurn also has a family; he is married and has 5 children. His families main source of income is his business and when his wife gets back from here housecleaning business she often helps Thoeurn finish some of his contracts. He earns about $ 4 a day which with a family of 7 people he and his other family members have a budget of about $ .5 each a day.

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