Kiva: page 10 of 14
July 2010
1st July: Another payment came in for Loan 20 to Ramil Abdullayev, this time a large amount equivalent to his next four repayments. This puts him well ahead of his repayment schedule.
11th July: I received an email as an update on Loan 18 to Merlinda Aceron in the Philippines. It said that Merlinda’s business is going well and that the money helps her in many ways, especially for the improvement of her business and in providing some of the needs of her family. She says “daghang salamat” which is Filipino for “many thanks”.
17th July: Repayments seem to be slower coming in this month; two more came in today, including the one for Loan 19 to Juntas Si Podemos which makes that loan fully repaid.
22nd July: BIG NEWS TODAY: Loan 8 to Rehema Mbarikiwa in Tanzania, a loan that I made in May 2009, was in default as I had never received any repayments on this loan. Today, I received $25 in full repayment. Now, all my loans are either repaid or are in the process of being repaid! No defaults!
The US$245 I have invested in Kiva has now provided 31 loans of $25 for a total of $775 in loans!
17 loans have been repaid, 13 are still repaying and 1 is delinquent.
August 2010
6th August: After my big news about Rehema, I today had not-so-good news about Loan 16 to Peter. I have received four out of Peter’s six repayments but his fifth repayment has not been forthcoming and his loan is now marked as delinquent.
20th August: Additional repayments came in today. Loan 14 to Elver Venturi Mantari is fully repaid 4 months early!
31st August: An additional repayment came in for Loan 20 to Ramil Abdullayev. Ramil is quite a way ahead in his repayments.