I love helping people. And when helping someone a great deal only requires an unsecured loan of $25.00, it pleases me to no end when I see a loan payment land in my bank account. Today, $8.27 has been repaid including the $2.07 I received this morning.
The loan I am referring to is a micro loan through an organization called Kiva. Azar, a locksmith and blacksmith, needed a loan to buy metals for his business. Myself and 68 others pooled our money together (through Kiva) and loaned Azar $1,975.00. He has made every payment on time and has paid 33% of the loan amount.
Azar lives in Azerbaijan, is 24 years old with a wife and a 6 month old son. His business is thriving because of the micro loans that have been made possible through Kiva. To date, I have loaned the same $25.00 to 4 different businesses ... it just keeps coming back!
Want to help out someone too? Visit www.kiva.org and search for the next lucky entrepreneur.