Thursday, September 15, 2011

9th Kiva loan!

Today was Kiva reloan day and for the very first time, I had enough loan repayments come in to get in on another loan without adding any more money to my Kiva account! I loaned to Angela Mercedes Loor Mendoza in Ecuador so that she could buy fertilizers for her lemon and cacao fields. Angela has been farming ever since her husband died a few years ago and now employs three people.

November and December are also looking like I'll have enough repayments to loan again without adding more money, which is nice. And November will also be when I receive my first final payment - the second loan I made had a repayment term of six months so it's last payment is coming up soon.

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