Carol and I made another loan tonight. It was to a couple from Cambodia. She works in Silk for $1.30 a day (US) and he is a construction worker and makes $4.50 a day (US). She needed the money to raise Pigs when she is not working. Average income in Cambodia is $2,600 a year, but they are making just over $1,500.00! We joined with other lenders around the world to loan this family $500.00.
Kiva is a non-profit Micro Loan organization. We are part of the Heartland Oklahoma team which currently is the second largest group of loans of all the state groups in the USA.
This is a very gratifying project. The loans loans are in $25.00 increments and we usually loan $25 or $50. When the loans are paid off you get your money back OR you can re-lend it. In two years we have made 27 loans including tonight. So far we have loaned to people in 15 countries from the Ukraine to Palestine to Pakistan to Africa to Rwanda to Peru.
Go to Kiva.org to check it out. You will be blessed.
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