Kiva loan update: first payment already

Not too long ago, I joined 43 other people from around the world to loan $1,350 to Zaituni Mudoobi and her group for her catering/restaurant business in Kireka, Uganda. We did it through Kiva.org, an online company that arranges microloans for thousands of businesses in developing countries.

We just got our first loan payment: $113 right on time! If all goes well at this rate, the loan could be paid off in a year. And then I can turn the money into another business microloan.

It's like recycling money!