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Home › Blog › First Kiva-loan repaid, reinvested in Africa

First Kiva-loan repaid, reinvested in Africa

kiva

Four months after my first Kiva-investments, my first loan was paid back 100%. 

I reinvested the money in Togo (Africa) to a female entrepreneur who runs a general store. 

Meanwhile, over $7 million has been invested through Kiva from 70’000 people. Most interestingly, 99.76% of all the money has been paid back 100% — isn’t this just AWSOME? You can help entrepreneurs generale wealth, get the money back 100%, help some other entrepreneur generate wealth, get the money back 100%, …, etc.

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Tags: Kiva, Microfinance, Microlending, Philanthropy
Category: Happiness



June 30, 2007May 19, 2020 by Remo Uherek

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