Kiva works

posted Tue, 31 Oct 2006 20:46:00 GMT by Jonas Bengtsson

Today my first Kiva loan got fully paid back. I paid the money back in February, the business got the money in March, and now seven and a half months later every cent is paid pack. The loan term was 12-16 months so grocery stores in Honduras are apparently winners.

When a loan is paid back, you get Kiva credits, which you can turn into real money, re-lend, or donate to Kiva. But re-lending is the funniest option :-)

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