I sponsored another Micro Loan to a woman in Peru through Kiva.org - Pay It Forward

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Real Estate Agent with Metro Life Homes

I sponsored another Micro Loan to a woman in Peru through Kiva.org - Pay It Forward

I love working with Kiva.org. It's a GREAT site that lets you provide small, $25 micro-loans to impoverished people around the world who are trying to start or grow their own small businesses.

You, along with a number of other people, provide a small loan as a group to select individuals, and the loan gets repaid and back into your account to lend out again!

The loan and repayments are supervised by individual financial organizations throughout those particular areas of the world.

I've been working with Kiva.org for about 4 years now, and have provided dozens of micro loans, and have a 100% re-payment rate with no defaults.

I tend to choose women in different countries to lend the money to, mostly because they do not have as much opportunity as men due to the disparagement of women in many countries.

Anyway, my assistant Lea and I work together on choosing candidates.

 

 

This week we chose Maria from Peru because she is a hardworking single mom that wants to expand her growing business. From what it sounds like Maria has a good business sense. I am happy for the opportunity to help Maria make her dreams come true, even if it is in a small loan!

For more information on Maria please visit the link:

http://www.kiva.org/lend/289332

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Topic:
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Location:
California Los Angeles County Santa Clarita
Groups:
"Pay It Forward" Accountability Group
Tags:
santa clarita
los angeles homes for sale
richard ruggaber
pay it forwar kiva maria raquel

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Ambassador
2,304,554
1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Richard,

Thank you for posting this.  I have never heard of Kiva.org but will definitely check them out.  Great job on  paying it forward and on sharing the info. :)

Jun 03, 2011 02:41 PM #1
Rainmaker
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Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

That's really cool of you to do this for complete strangers.  I'm glad to hear it actually works too.  You are an inspiration!  

Jul 20, 2011 06:27 PM #2
Rainer
478,183
Not a real person
San Diego, CA

I've been re-loaning my Kiva money as previous loans are repaid. It's a lot of fun.

Happy Tuesday!

Jul 26, 2011 12:18 AM #3
Rainmaker
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TODD PICCONI 909.908.7376 PASSIONATE ABOUT YOURMOVE
TODD PICCONI REAL ESTATE - Rancho Cucamonga, CA
Patient, Persistent and Positive About Your Move!

This is awesome, Richard!  Thanks for the great, positive energy :)

(so inspiring!)

Jul 26, 2011 07:56 AM #4
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Richard Ruggaber

California Real Estate - (818) 422-5035
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