I had an e-mail tonight from Kiva, the micro loan organization telling me that I had a credit from some of my loans being repaid. So in less than 10 min I had reloaned it to a woman in Peru that is running a small bookstore. This is my seventh loan and so far i have had a repayment rate of 100%! Two of the loans are totally repaid, the other three are 83%, 58% and 26% repaid. Not bad for a 100 dollar investment on my part. This is such an easy way to help people that I hope I can encourage people to give it a try.
Kiva link, http://www.kiva.org/
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