Making Good
| February 4th, 2008We loaned some money to two families in Peru a while back through Kiva. And, I thought you might like an update. They’ve each paid me back a little over four bucks! That’s cool because it means these two families have been able to build their businesses enough to start repaying the loans they received!
If you are unfamiliar with Kiva, it’s really quite simple. You loan 25$ to the working poor to help them start or build their small business. They use your money to make repairs or buy new equipment or any number of things. Once they start making money, they begin paying back the loan. You can read a lot more about it here.
What a great plan.