Walter Siavichay one of the folks I’ve tried to help by partially funding his microloan of $1200 through Kiva.org
I got an email today that he’s already repaid 75% of the loan. When he hits 100%, then the money I loaned to him can be withdrawn back to my account or used to help another entrepreneur.
From the Kiva site:
Walter is a father of three, and he owns a business, selling all types of goods for the home and library. Since he was very young, he has sold home items, and when he married, he continued to do so with his wife’s help. He decided to work out of the home to help his wife Katy raise their children. With over fifteen years of experience, Walter has become well-known throughout this neighborhood. He has been able to purchase an air conditioner, which is always welcomed by his loyal patrons, and is know for his fair prices. His wish is to find capital to fund the growth of his business and start doing custom orders for his clients. Some of the items that customers demand are home furnishings, cookware, tools, and clothing.
No comments yet.