New Kiva Loan

We just made the following loan through Kiva!

Borrower Profile as copied from Kiva:
"Mr. Sovannathou and his wife have been married for twenty one years. They have three children—one son and two daughters. Two of their children are employed full time and other one is in school. The family lives about fifteen kilometers from Phnom Penh.

Mr. Soun has been selling watches for fifteen years. He buys them from the market in Phnom Penh for resale in Treng Trayoeng Market (Kam Pong Spoe Province). His wife has been a garment factory worker for 5 years.

Mr. Soun is requesting a loan for the first time. He is asking for $1,000 to purchase watches for resale."

As of March 28th, 2008, Mr. Soun has raised 75% of the needed funds.

Please check out this wonderful organization that empowers and enriches the lives of so many people around the world. These entreprenuers do not have access to capital the way we do here in the United States, through small business loans and heck - personal credit cards, home equity lines of credit and friends and family!!! Kiva provides them with the opportunity to start or grow their business through loans. You can lend as little as $25.

Check out Kiva here: http://www.kiva.org/app.php?page=home.

Thanks to my sister-in-law Amanda who introduced me to this wonderful organization! $25 may not be a lot to some of us, but it means a lot to these people.