From the scrolling banner on Kiva’s site about the impact that Kiva lenders have made this week:
12,817 lenders made a loan.
17,329 gift certificates purchased.
15,002 new lenders joined.
2,874 entrepreneurs funded.
1 loan was made every 25 seconds.
I also gave a certificate away on Facebook and my friend redeemed it for this loan:
Mr. Yous Ba Try, 35, is married and lives with his wife and a ten year-old child in a part of Phnom Penh, Cambodia. He is the head of the family and works as a sculptor designing and making Buddha statues and historical statues from cement and will then sell up for a profit. From his business activity he can … Read More moderately make $3 a day of income. Moreover, his wife, Lay Sarorn has a business at home washing motor-bikes and vehicles and makes $3 a day of income.
Yous Ba Try would like to ask for a loan from Kiva to purchase more cement to expand his business. Half of the loan will be used to fix a roof of the building where his wife has her business.
Congratulations Kiva on your great year. To date Kiva has facilitated over $54 million in micro loans to entrepreneurs in the developing world.
For more about Kiva’s outstanding year, see the Kiva year end review blog post.
Another Gift Certificate Give Away:
I’ll be giving away another gift certificate via Twiter. I am certain that Kiva will have more loans to fund shortly.