Another payment of $113 was posted on our microloan to Zaituni Mudoobi and her catering group in Kireka, Uganda. The loan is now 33% paid off and every payment has been on time.
Here's a very thoughtful post on why microloans like Kiva are growing in popularity. Could it be as simple as the fact that EVERYTHING about the experience reeks of positive energy?
For background, here's my original post about the Kiva microloan service.
6/1/08
Kiva loan update: fourth payment on time
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