It’s no secret I love what Kiva.org is doing. The other day, I got an e-mail regarding my Kiva loan. Here’s an update about the Kodjo’s Store that I loaned to –

The business you have loaned to, Kodjo’s Store, has made a repayment of $75.00. The total amount repaid up to now is $75.00. The payment was collected and deposited by Microfund Togo. This repayment will be divided amongst all the lenders who helped to fund this business, depending upon the percentage each lender contributed. Note that you cannot actually withdraw or reloan these funds until after the loan term is complete.

In my mind, this is proof that microfinance can and does work.

If you haven’t looked at Kiva.org, I’d encourage you to do so & find a business to loan to (minimum $25).