I just made another micro loan on Kiva.org to a man in Kenya - Pay It Forward

By
Real Estate Broker/Owner with Maui Life Homes / Metro Life Homes RS-78439 / BRE #01708344
https://activerain.com/droplet/rv6

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

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Rainer
41,276
Constina M. Baylor
REMAX Gold Coast Realtors Oxnard - Oxnard, CA
Broker Associate - Oxnard Homes, Oxnard Beach and Marina

Hi Ralph,  What a great way to spend $25.00.  I just checked out the organization on Charity Navigator and they have 4 Stars.  I'm really like what they do, and yes, I'm going to loan someone $25.00 and help change the world one person at a time.  I think I'll involve my grand-children in helping to decide who to help.  It will also help them to think more globally.  Thanks for sharing!

Jan 18, 2012 05:57 PM #1
Rainmaker
507,032
Cal Yoder
Keller Williams Elite - Lititz, PA
Homes For Sale in Lancaster PA - 717.413.0744

Micro loans are a great investment and really do help people develop businesses. I have been involved with an organization for quite a while which does something similar. Have a great day, Ralph.

Cal

Jan 18, 2012 10:33 PM #2
Rainmaker
790,129
Carol Zingone
Berkshire Hathaway Home Services Florida Network Realty - Jacksonville Beach, FL
Global Realtor in Jax Beach, FL - ABR, CRS, CIPS

Ralph - that is fabulous! I've long supported Heifer.org, which provides sustainable, reproductive local resources in the form of llamas, honeybees, trees, etc to local communities across the globe, I may have to do this too!

Jan 18, 2012 11:43 PM #3
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Ralph Gorgoglione

Hawaii and California Real Estate (310) 497-9407
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