Wednesday, January 21, 2009

Life as a Banker 2


Carol and I just completed another round of "kiva loans". I blogged about it last year. This is the idea of making micro loans in a bundle with others to people in underdeveloped countries. We get e-mail up-dates and as a loan is being paid down the money we have loaned becomes available for new loans. We have 2 paid off Afiwa in Togo (money for a food production business) and a construction loan to Maricela in Mexico. Today we made two loans to Cheab in Cambodia for a grocery store and Tang also in Cambodia to buy a taxi. We have 4 different loans to people in Tajkistan, one in Uganda (group loan) and one in Pakistan (group loan). I tell of this so that you may consider the fun of helping others. There are 150 people in the Oklahoma Chapter which is the second largest in the U.S. Remember the loans are in increments of $25.00. we are not breaking the bank here. many of our loans are for the minimum and some are $50 or $75.

As I stated previously this was my response to reading "3 Cups of Tea" and Clinton's book "Giving" where kiva was explained.

The following are some of our "Clients".
The group is in Pakistan.
Cheab is at the sewing machine, new Cambodia store loan.
Guliniso, (Tajkistan) has repaid 83%. Maricela of Mexico (standing in the courtyard) has fully repaid her construction loan.

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