Wednesday, May 6, 2009

Kiva Loans Made

As I mentioned in a previous post about giving back, my little content strategy/publishing business is doing well, so I wanted to find a way help other small businesses. I combined this desire with another goal of mine which was to fund some person-to-person loans through and decide to use proceeds from sales in April to fund loans through Kiva.

So April has come and gone and I was happy to just receive notices from Kiva that my loans have gone through and been dispersed to the small business owners already! Now that's fast :)

Here are two of the people that you all are helping out, both are in a Africa in Oda, Ghana:

Theresa Swanzy

Theresa is forty-four years old. She is married and has four children, two sons and two daughters. She runs a provisions store on one of the principal streets in her community. She procures her goods from wholesalers in Oda and other nearby towns. She has been in business for five years and wants a loan to procure goods in bulk to expand her business.

Ama Asuo

Ama is 36 years old. She is married and also has four children, two sons and two daughters. Ama is a trader. She trades in smoked fish. She procures the goods from nearby towns and sells on a tabletop in the market square. Ama has been in this business for more than 15 years and desires to expand her business.

Kiva is such a great program. For me, I see it as a delayed form of payment, my money just makes a detour through some other businesses before it eventually comes home to me. Since I don't have to have the money right away, it's a perfect way to help.

Learn more about As the loans get repaid, I'll post an update.

Thanks to everyone for helping!