This is Inocencia. I’ve never met her before but I just lent her $25 through Kiva (an amazing NGO that I’ve blogged about before.) She’s 54-years-old, is separated, has two kids and owns a small business in which she sells food to go. With her first Kiva loan she bought a sun umbrella and a stove. She has been doing very well. Now she wants to start her own grocery store.
It excites me to invest in Inocencia’s business, and it didn’t cost me much. I used some of the money that has been paid back to me from the other loans I’ve made. Over the next five months, Inocencia will repay me and I will be able to re-lend that money to another worthy entrepreneur in the developing world.
Yep. It’s pretty incredible.
And you know what?
It feels great every time.