Yesterday I've got a little tax return for 2009, cca. 115$. I was thinking what to do with it and I decided to join Kiva and lend this money to people who need it much more than I do.So, I've opened a Kiva account (very simple) and a Pay Pal account to put money on my Kiva account (also very simple).
I've decided to split 100$ between four entrepreneurs I've chosen out of 2000 applicants. Deciding who should get it was a really hard job, I guess the future will tell if I put it in the right hands.
First lady Maria Cristina Valdivia Hurtado
runs a small bakery in Condega, Nicaragua. She asked for a loan of 300$ to purchase flour and sugar and to expand her business. She runs this business for 15 years, she works six days a week, every day from 6 a.m to 5 p.m. She is a single mother and pays education for her two children. This is her 7th micro loan already and with my contribution today is already fully funded.
The other three entrepreneurs I've chosen still haven't been fully funded, so maybe I'll inspire you to lend some money to them too :)Anna Akinyi Opiyo
from Kisumu, Kenya runs a small basic restaurant since 2000. She asked for a loan of 275$
to increase her stock and expand her business to realize her dream that her family will have their own home, so she will no longer have to pay the rent and therefore she'll be able to save money for education of her four children. She still needs 175$ to start realizing her dreams.Jonas Dufitumucunguzi
from Rwanda runs a small shop with basic goods. With the loan of 875$
he wants to expand his business through adding foodstuffs to his shops like rice, sugar, potatoes, beans, ... With this additional goods Jonas hopes to earn more profit and expand his business to create more jobs for the people from his community. He still needs 425$ to get a loan.Fumi Olorunkosebi
from Nigeria runs a computer centre where she renders computer services to her customers. She dreams of owning a computer school for children one day. Fumi also sells stationery at retail prices. She has been in these
businesses for a long time and she uses her experience in business to
attract and retain more customers. With the loan of 550$
she will purchase more stationary to sell. She still needs 125$ to get a loan.
The last 15$ I've donated to Kiva team, because I respect that they don't charge any administration costs on the money you lend.
I've also joined an Urgent Evoke team on Kiva,
5 members until now, but rising :)
I'm looking forward in re-investing this money after hopefully this entrepreneurs will pay back their loans.