Sunday, August 31, 2008

Changes at Kiva

Dear Ambellamy-

We are happy to announce that Kiva will now return repayments to lenders as soon as those repayments are received by Kiva. Because of this change, you'll be able to re-lend funds right away instead of waiting until the end of the loan term. We hope you enjoy this new feature! As a result of this change, $14.06 in Kiva Credit has been released to you and is now available for you to use. You can re-lend these funds, donate or withdraw them. A breakdown of the repayments that are included in this amount is as follows:

  • Atim Irene's Group in Uganda (Activity: Medical Clinic) You Loaned:$25.00
  • Total Repaid So Far:$12.50

  • Eal Nub in Cambodia (Activity: Fish Selling) You Loaned:$25.00
  • Total Repaid So Far:$1.56

That's cool. So as soon as my combined loans meet $25.00 i'll be able to make a new loan faster. Now that's really sweet! It doesn't make me so warry about loans that won't be repaid back for a long time.

Check out: www.Kiva.org

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