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Kiva

September 21st, 2010Leave a commentGo to comments

Kiva.com is a website that I mentioned.  It provides small loans to parties in developing nations.  I don't have a lot invested there but then the typical loans don't need a lot.  This certainly provides me with some warm fuzzies though.

Dear James Prevo,
This is an update on your loan to Bring Ambercourt To Unite Group 5,
Jinja in Uganda.
Nabatanzi Aisha has broken new ground for her fruits and vegetable sells
business with the rejuvenation measures she embarked on after she got
this loan. She was able to purchase more bags of fresh fruit and
vegetables and with additional sells of these she has seen her profits
quadruple. With this favorable turn in her circumstances she has also
brought these fortunes to bear positively on her family's welfare
status. All her kids are now happily in school.
Additional notes from Kiva:
1. This update was posted from Uganda by Kiva's Field Partner, Pearl
Microfinance Limited. If you appreciate this update, please consider
supporting another entrepreneur listed by this Field Partner.

Sure beats the crap out of welfare checks that stifle initiatives.

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