02 March 2007Money
Kiva Success


Dear Andrew Hecht,

The business you have loaned to, MAWUPEMO, has made a repayment of $166.00. The total amount repaid up to now is $500.00. 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.

The first of Kiva loans has been repaid. Mr. Kouassi Houessou used our loan to buy a freezer and two coolers to expand his ice cream business in Lomé, Togo. His enterprise must be doing really well because he managed to repay his loan in 2 1/2 months and the terms of the loan called for 3-12 months.

This is a seriously feel good moment.

I continue to urge you get involved. It's really simple. Go to Kiva.org. Find a loan you want to help finance. Register. And then pay for the loan with your Paypal account. You'll be glad you did.

Posted by andrew at March 2, 2007 12:58 AM


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