5280 Angel

I knew it was bound to happen sooner or later, but I probably wasn’t anticipating the reason why my borrower would be unable to make payments. Last March I lent money to Tony Mawera in Kenya to buy inventory for his business. The loan was processed through the local microlending organization in Kenya […]

Today I received a very positive journal entry on one of my Kiva Loans, and I wanted to share because it demonstrates the amazing value these entrepreneurs can draw from a relatively small amount of money. I made a loan to Anne Dorothy Kintu from Kampala Uganda a while back, and the following is […]

About 6 months ago I started making loans through Kiva, and two of the loans have already paid off so I decided to roll the proceeds back into the program. These first women were both in retail in Mexico borrowing money to expand their businesses, and they both repaid their loans quickly.
For the new […]

I have gone a little beyond the test I had originally planned for these microloans. I have come around to truly believe in the Kiva model of consolidating a bunch of micro-loan opportunities across the globe into an available user-friendly interface. I started with 5 loans at the end of last year, and […]

UPDATE: DEC 6, 2006 9:44PM (See Bottom of Post)

Microloans have been around now for some time, but I never spent the time to research any of the groups organizing them. A friend of my family has done some great work with microlending in the Philippines, but I never got directly involved like I should. […]