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My First Kiva Loan April 19, 2009

Posted by Afflatus in Uncategorized.
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I just made my first KIVA loan to a group of entrepreneurs in Prasat, Cambodia. Read below for the description of my loan recipients. I’ve helped people by giving my time before through community service, but this is the first time I’ve given my money. I had fun, and I encourage everyone to make a loan through Kiva. Nicholas Kristoff says its one of the best philanthropic things you can do with your money in his article in today’s Times.

The 13 people living in Prasat village in Cambodia’s Kandal province who comprise this village bank loan will use the loan for various purposes. Mrs. Morn Nheb is a 50-year-old village bank president. She uses hay to make fertilizer that she sells to farmers. Since her business is doing well, she wants to expand it by purchasing more hay to make more fertilizer to sell and earn more income. Her husband, Mr. Sam Lorn, is a hairdresser. Mrs. Morn Nheb has two children who attend the local school.