Give kiva.org loans

It’s kind of interesting how I’m picking people to support. I want to support women who are in business.

I picked Central America because I believe they need help. However, I was surprised to find that many of the women asking for loans just wanted to add onto their house. I have no right to say you can’t do that, I just don’t want my kiva dollars going to something like that. So I dug a bit further and finally found two women who are taking loans out to improve their businesses.

One of my groups (the Belen Group) repaid their loan, so I now have a whopping $56 in my kiva account!

Mamadalieva Firuza, a clothing store in Tajikistan, has paid back 17%

Grace Naneubiga’s Group, a beauty salon in Uganda, has paid back 50%

Sophie Serunjogi’s Group, a grocery store in Uganda, has paid back 50%

Ruth Samyu’s Group, a Charcoal sales group in Uganda, has paid back 50%

This one to a woman in Kajikistan. She owns a clothing store.

the Belen Group has repaid my loan.

So, when I get the chance, I’ll loan that money out again.

Grace Naneubiga’s Group, a beauty salon in Uganda, has paid back 16%.

Sophie Serunjogi’s Group, a grocery store in Uganda, has paid back 16%.

Ruth Samyu’s Group, charcoal sales in Uganda, has paid back 16%.

And the Belen Group, who runs a general store in Peru, has paid back 50%.

I’ve just been notified that two more Kiva loans have been partially repaid.

I’m still trying to figure out how this works. I initially thought all had been repaid…and it took me awhile to figure out that the money they paid back had to be split among all the people who loaned them money, people like me.

Grace Naneubiga’s Group, a beauty salon in Uganda.
Sophia Serunjogi’s Group, a grocery store in Uganda.
Ruth Samyu’s Group, charcoal sales in Uganda
Belen roup, a general store in Peru

As of this morning, two of them have been repaid: Sophie Serunjogi’s group and the Belen Group.

Pretty cool.

and will give more details later.