Check here a very effective way of really making a difference.
Bellow is the actual e-mail you get after you make a loan.
In Italic my personal notes.
"Dear Antonio Carlos Rix, Thank you for your loan to a Kiva entrepreneur! 100% of every dollar you have loaned will be used by your entrepreneur to build their business. Your Loans:
RENACER Group in Bolivia (Activity: Crafts)
You Loaned: $25.00
I have been to Bolivia, they are very nice people, very welcome and hard working. The country is very poor unfortunately. I like this kind of donations because the people I send the money to will try hard to be productive, make their business grow and pay back the loan. If they don't pay it is because something went wrong with the business. Kiva will keep me informed. Up until now this has never happened, but I do loan with that possibility in mind.
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Next Steps:
When the loan needs of each entrepreneur you have sponsored are met, you will receive an email containing the exact date the loan term is beginning. This may take a while after your individual loan transaction was made, as we may need to wait for other lenders to contribute before the total requested loan funding is raised. Generally speaking, loans begin at the beginning of each month.
During the Loan Term:
Throughout the course of the loan term, you will receive repayments from your sponsored business which you can retrieve, re-lend or donate. If, when you created your Kiva profile, you opted to receive updates about Kiva entrepreneurs, you may also receive periodic emails informing you on how things are going with your loan(s). Or, if you opted not to receive updates about Kiva entrepreneurs, you can always read the online journal for your business. If you change your mind about your current preferences, you may update your profile at any time on the Kiva website. We encourage you to post your own comments in response to the journal updates posted, as the partner representatives will be able to read and respond to these comments.
At the end of the Loan Term:
At the end of the loan term, you will receive a final email update with a summary of your sponsored business's overall performance and success in completing the loan repayment, as well as a complete list of options for you to retrieve, re-lend, or donate any repaid loan monies.
Please don't hesitate to contact us at any time at contactus@kiva.org
- One real example:
Loan in Kenya has been 100% funded
This is an update on your loan to Fredrick Maina Njuki in Kenya.Thanks to you and 29 other Kiva Lenders, the $900.00 loan request in Kenya has been 100% funded.
This loan will be used for the purpose of: To buy milk and a refrigerator
Over the 15 months of this loan, Kiva's Field Partner in Kenya, Faulu Kenya, will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website:
http://www.kiva.org/lend/ 308538
Thanks for lending to the world's working poor on Kiva!
Best Wishes,
Kiva Staff
Well, would you leke to join me at Kiva?
" Together we can make a difference, one loan at a time.", Kiva
Published by Carlos Rix
I am an International correspondent. I love to get to know people. I am always between Brazil and USA on business. Traveling is fantastic and gives me the opportunity to get to know other cultures. I also w... View profile
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