Before I left, I tallied the sales from the shrines. Just over $1,000 came in from Shrine Sales. That left me with $200 to loan to a Kiva entrepreneur. If you’ve been to the Kiva site, you know that there are many people to whom you could lend. I had to narrow it down.
I decided on someone in Africa. I decided on a woman. I decided that this woman should have something to do with food. With those criteria, I found Dorothy Siaw. Here’s her profile on Kiva:
Dorothy is thirty years old and the mother of three children. Two of the children are in school. Dorothy sells vegetables, such as tomatoes, garden eggs (eggplant), and peppers, and vegetable oil and palm oil. She wants to use her loan to buy more oil and fresh vegetables to avoid price hikes and to increase her inventory.
Dorothy is member of the group called "Commitment." Members agree to guarantee for each other as social collateral to repay the loan.
Dorothy needed $425 and she already had $100 raised. I lent $225. Within minutes, she had the remaining money from three other people. It was so exciting to help someone in this way. Thank you to everyone who bought a shrine - $5.00 of your money went to help Dorothy. Check out Dorothy's profile.
Stay tuned – I’ll report in on the loan repayment and plan to lend the money to another entrepreneur. It can keep giving!
Hi
I have just made my first loan through Kiva, see my blog post on this at www.ukpreneur.co.uk on May 27th to hear about it.
Take care
Scott
Ukpreneur
Posted by: Scott Barlow | May 11, 2008 at 10:28 AM
Oh! I did not know you were doing this and I am tickled pink and yellow (joy, joy joy!).
Posted by: Kim in Marquette, Michigan | May 11, 2008 at 04:45 PM
Congrats, Scott!
Kim, I'm glad that you know about this now!
Posted by: Cynthia | May 15, 2008 at 10:37 AM