Like clockwork, another payment of $113 was posted on our microloan to Zaituni Mudoobi and her catering group in Kireka, Uganda.
The loan is now 25% paid off, right on time. Guess I shouldn't be surprised. The Kiva field partner for this loan, BRAC Uganda, has only been working with Kiva for 4 months, but is already helping 747 entrepreneurs and has a 0% delinquency rate.
For background, here's my original post about the Kiva microloan service.
4/30/08
Kiva loan update: third payment on time
Posted by Mike Kramer at 12:34 PM
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