Last month marked my ninth anniversary as a Nerdfighter of Kiva.
Within a year, Kiva had one million supporters, people just like me, wanting to help others through a crowdsourcing platform.
Today, in celebration, I have made another three loans, this time with each of my $25 antes being matched by Hitachi, in a special bid to help during this time of pandemic.
(Get my little joke?
Maybe you need to play poker to understand!)
The first loan was to Jacinta in Timor-Leste.
The 33-year-old entrepreneur had asked for the loan to help buy additional supplies such as wood, chickens, fresh fish and other stuff to sell at her small food stall near the school.
Here's what I said about my reason for choosing her.
"I liked that she was supplying healthy snacks and food to school kids on their way home.
I am glad that my loan to her was matched so her goal will be reached sooner!"
Hussein, a musician in Palestine, requested a loan to purchase instruments for his band.
Given that I enjoyed the Savannah VOICE Festival for the last two weeks, and in memory of a guitarist who recently died, my first money in the 'entertainment' sector went for this one.
The third being the charm, I selected this one without hardly reading her bio.
What drew my attention to Fe'ofa'aki of Tonga was this.
"I simply have to like someone with a name more strange than mine!
Plus, I like that she is older and still obviously loving life - like I am!"
I liked, too, that she weaves natural-fiber mats.
Having slept on tatami mats in Okinawa, I know how important they are to clean living spaces!
I must confess to an underlying mission in my three choices: I deliberately went in search of loans to business types and countries that were something different.
My portfolio on Kiva previously reflected that my 23 loans had been to 16 countries for 17 types of businesses.
Now, how about a little perspective on that?
Kiva supplies loans to 75 countries for 163 business types.
I knew I could do better, just as I'd done with Kickstarter.
So, now, I've added three more loans as well as three more countries and three more types of business activity to the portfolio I've amassed.
(smile!)
That means I have made 26 loans, for 20 business types, in 19 countries -
making a total of six hundred fifty dollars in loans, but only actually using two hundred sixty-six dollars to do so.
That's because I tend to wait for the loans to be paid back before I lend to someone else, unless there is a special 'matching opportunity', as there was today.
Which countries have benefited from my money to their citizens?
Bolivia
Burkina Faso
Costa Rica
Ecuador
Fiji
Ghana
Guatemala
Jordan
Kyrgyzstan
Lebanon
Malawi
Nicaragua
Palestine
Philippines
Samoa
Tajikistan
Timor-Leste
Tonga
Vietnam
What business activities have I supported?
Agriculture
Clothing Sales
Dairy
Entertainment
Farming
Fish Selling
Food Production/Sales
Food Stall
Fuel/Firewood
Grocery Store
Higher education costs
Knitting
Laundry
Perfumes
Personal Expenses
Poultry
Primary/secondary school costs
Retail
Tailoring
Weaving
In the future, as the other loans I have out there, as well as these new ones, are repaid, again supplying me with $25 aliquots to lend, I'll seek to expand the corners of the world, and of the world's economy, that those dollars support.
That's definitely a worthy goal as I head toward my decade anniversary of being a Nerdfighter of Kiva, fighting suck!
(smile!)
14 comments:
Here's the story for Fe'ofa'aki:
"Fe'ofa'aki's story
Meet Fe'ofa'aki. She is a 52 year old mother of two children, and a wife of a farmer.
Fe'ofa'aki is a weaver, and she joins three other women in their village for weaving. Together they weave mats and taovala, and sell them at the local market.
Fe'ofa'aki's business is her family's primary source of income. She educates her children and provides for them with her weaving business.
She is applying for a loan to buy pandanus for her weaving and also to use some of the money to provide for her family, because business has been running a bit slow lately due to restrictions of COVID-19."
Good news: Her loan is completely funded!
https://www.kiva.org/lend/1996383?minimal=false
Here's Hussein's story and a link to help fund him.
https://www.kiva.org/lend/2006651
"Hussain is a 23-year-old refugee young man who lives with his family in a camp near Ramallah, West Bank.
He is an enthusiastic and active young man, full of hope and energy.
He has a small band for wedding parties.
It is also the only source of income for him.
He is seeking a loan from Palestine for Credit and Development FATEN to buy musical instruments and some needed tools for his band to improve his performance.
He hopes you will help by funding his loan."
Here is the story from Jacinta and the link to help her.
https://www.kiva.org/lend/2005277
"Jacinta is a simple and a diligent 33-year-old woman who has strong desire to get one step ahead. She has a food stall business in which she serves local fresh grilled fish, BBQ chicken and ketupat (rice cooked inside coconut leaves). She has been doing this business for many years now.
Jacinta's stall business is located at very good place just by the road and close to a school where many students come to eat at her place every day. Running the business has made Jacinta independent because she can be responsible for herself and also help support her family.
Jacinta would like a loan of $500 through KIF to help improve her business. She plans to use this loan to buy additional supplies such as wood, chickens, fresh fish and other stuff to sell at her small food stall.
Jacinta hopes to run a bigger business in the future as the result of the investment and wants to thank lenders for the opportunity."
Woohoo!
Fe'ofa'aki has made a payment on her loan!
Very good!
Fe'ofa'aki has repaid 20% of her loan and Jacinta has repaid 8% of hers.
Many thanks!
I'll soon be able to make a loan to help someone else's dream come true!
Well, what do you know?
All three have made repayments on their loans!
Magnificent!
"Fe'ofa'aki in Tonga
$1.78 repaid this month
Paying back:
27% repaid ($6.86 of $25.00)"
"Jacinta in Timor-Leste
$2.08 repaid this month
Paying back:
17% repaid ($4.17 of $25.00)"
"Hussain in Palestine
$0.74 repaid this month
Paying back:
3% repaid ($0.74 of $25.00)"
Hooray!
All three have made payments on their loans!
Fe'ofa'aki in Tonga
$2.08 repaid this month
Paying back:
36% repaid ($8.94 of $25.00)
Jacinta in Timor-Leste
$2.08 repaid this month
Paying back:
25% repaid ($6.25 of $25.00)
Hussain in Palestine
$0.93 repaid this month
Paying back:
7% repaid ($1.67 of $25.00)
Hooray!!!
Repayments from all three!!!
Fe'ofa'aki in Tonga
$1.29 repaid this month
Paying back:
41% repaid ($10.23 of $25.00)
Jacinta in Timor-Leste
$2.08 repaid this month
Paying back:
33% repaid ($8.33 of $25.00)
Hussain in Palestine
$0.93 repaid this month
Paying back:
10% repaid ($2.60 of $25.00)
Hooray for all three of them!
Fe'ofa'aki in Tonga
$1.86 repaid this month
Paying back:
48% repaid ($12.09 of $25.00)
Hussain in Palestine
$0.94 repaid this month
Paying back:
14% repaid ($3.54 of $25.00)
Jacinta in Timor-Leste
$2.09 repaid this month
Paying back:
42% repaid ($10.42 of $25.00)
from kiva on April 1st:
Fe'ofa'aki in Tonga
$2.05 repaid this month
Paying back:
57% repaid ($14.14 of $25.00)
Jacinta in Timor-Leste
$2.08 repaid this month
Paying back:
50% repaid ($12.50 of $25.00)
Hussain in Palestine
$0.96 repaid this month
Paying back:
18% repaid ($4.50 of $25.00)
Fe'ofa'aki in Tonga
$4.37 repaid this month
Paying back:
84% repaid ($21.08 of $25.00)
Jacinta in Timor-Leste
$4.17 repaid this month
Paying back:
75% repaid ($18.75 of $25.00)
Hussain in Palestine
$1.97 repaid this month
Paying back:
30% repaid ($7.44 of $25.00)
100% REPAID! ($25.00 of $25.00)
Fe'ofa'aki in Tonga
$3.92 repaid this month
Thank you for helping Fe'ofa'aki to buy pandanus for her weaving business and also to provide for her family.
Hussain in Palestine
$1.00 repaid this month
Paying back:
34% repaid ($8.44 of $25.00)
A thank you from Jacinta!
"This update on your loan to Jacinta was written by Kiva's Field Partner.
Jacinta invest her loan to buy wood, chickens, fresh fish and other stuff .She is really happy with it, because after the investment, her business always has many costumers come to buy eat at her food stall everyday. Jacinta is really happy to she the uprising of her business. wants to thank all of her landers for helping her with finances and really fell grateful for that."
Jacinta is all paid off and Hussain is making progress!!!!
100% REPAID! ($25.00 of $25.00)
Jacinta in Timor-Leste
$6.25 repaid this month
Thank you for helping Jacinta to buy additional supplies such as wood, chickens, fresh fish and other stuff to sell at her small food stall.
Hussain in Palestine
$2.05 repaid this month
Paying back:
42% repaid ($10.49 of $25.00)
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