Monday, March 28, 2016

7 guys I've lent money to

Since 2008, I have been using the microlending site Kiva to lend $25 at a time to entrepreneurs from around the world. After the recipient has repaid in full, I lend the $25 to the next person. I've been burned just once, when the Tajik currency took a tumble. Here are the people I've helped (and their cars):

Salom from Tajikistan

Fayez from Lebanon

Carlos from Bolivia

Faxraddin from Azerbaijan

Wilson from Kenya

Otar from Georgia

Lutfullo from Tajikistan. I took a loss in 2015 when the currency plummeted.

Tirso from Philippines. He has paid 58% of the loan back so far.

3 comments:

Ripituc said...

Love this! And that IZH... did you ask them for pictures with their cars? Or did you choose people with their cars on their pictures, hahaha. I think Kiva is amazing. John Green and his brother also promote it, and I more than once thought about putting money there, but forgot.

Maxichamp said...

@Ripituc: These are their profile pictures. They are all taxi/truck drivers by profession.

Walter R. Moore said...

I'd read about kiva before, and your post spurred me to put some money in, for a farmer in Armenia. "Seed money," if you will.