I just made another micro loan on Kiva.org to a man in Kenya - Pay It Forward
Fadhili is a married man with nine school going children. He owns a house with electricity but no piped water. His greatest monthly expense is school fees for his children.
Fadhili has operated a retail shop for the past year. In addition he owns a rental house. His potential clients are the local area residents. He faces a major challenge of seasonality. He dreams of owning another rental house.
With the Kshs 100,000 he wants to purchase more stocks of rice, sugar and maize flour for his shop and also renovate his rental house. He decided to join Yehu to get capital to improve his businesses.
For those of you unfamiliar with Kiva.org, definitely check it out. You are able to make small $25, micro loans to people around the globe who are not as fortunate as most of us in America are. Your $25 loan, along with many in your group, help to finance these small business people, and there are fantastic regulatory agencies on each continent that handle the repayment to your Kiva account so that you can keep re-lending out the funds.
Here is a link for you to check it out: http://kiva.org/invitedby/ralph6433