Social Action – KIVA Loan Update

Kiva LogoWe loaned a total of $1,500 to 3 recipients.  They were:

Madina in Tajikistan to buy a new sewing machine and other items for her tailoring business.  She borrowed a total of $650 of which we supplied $500.  Madina has repaid $68.42.

Muhammad in Palestine to help buy a new motorized rickshaw for his transportation business.  He borrowed a total of $2,000, and we gave $500.  Muhammad has repaid $33.78.

Jorge Alberto in Honduras to buy seed and fertilizer for his agriculture business.  He borrowed a total of $1,375 of which we gave $500. He hasn’t started to repay his loan. He has a longer term loan because it takes longer for his business to earn money.

We now have $102.20 to reloan to others.

Please contact Bill Cash with any questions.

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