Monday, May 18, 2009

Look at how this Micro Loan thing WORKS!!!

Hi everyone... i decided to put an email sent to me below. Reading this email just made me smile because of how much sense this model makes! It is so easy to participate in this and make a HUGE difference for people with an almost insignificant amount of money (like $25 or more). Just check out the below and see what i am talking about!


Hi Fred Busch,
We'd like to give you a repayment update on the loans you've made
through Kiva.

A total of $3.57 has been repaid over the past month! As of 2009-05-17,
you now have $7.14 in Kiva Credit in your account.

Click here to re-lend, withdraw or donate these funds! (The minimum
lending amount is $25, but you can easily add new funds to existing Kiva
Credit to complete a loan purchase.)


Below is the repayment update on your Kiva Portfolio:
-------------------------------------------------------------------------------
Gladys Nimako in Ghana (Activity: Food Production/Sales)
You Loaned: $25.00
Newly Repaid: $3.57
Total Repaid So Far: $7.14 (28.56% of your loan)
View loan profile at:


To view your Kiva loan portfolio go to:


Want to receive these updates more/less often? You can change the
frequency at which you receive repayment updates under Kiva Email
Preferences:


If you have any questions, you can find our Frequently Asked questions
and our contact info at the Kiva Help Center:
http://www.kiva.org/about/help?_te=ru .

Best Wishes,
Kiva Staff

2 comments:

Davieharely said...

If something happened to me, my family would be left with nothing," he says. "That's one of the pitfalls of being self-employed..replica watches

Unknown said...

The simplicity of the low-doc program has been the key to its success. The documentation requirements are far more manageable than those for a standard SBA-guarantied loan request
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