I’m pleased to share the news that Dorcas Omokaro has fully repaid her microloan on Kiva. As you may recall, she was my first Kiva microloan, a Nigerian mother of five who sells palm oil and gin. My great hope is that the kids don’t email me in ten years about a vast fortune or with an offer to buy the thing I’m selling on Craigslist. No, they’ll be mixing gin tonics, Pegus, and classic martinis in a bar down the road from their mother’s off-license.
Nora Rosa RodrÃguez RodrÃguez and Lan Thi Nguyen have now repaid 33% and 67% respectively. Ali just received his funds, so you’ll hear updates about him in the future.
I haven’t picked my next entrepreneur yet. I’m hoping to keep the money widely distributed, so I’ll be looking for another opportunity in Africa, preferably with a funny name to boot. Drop me a comment if you see something interesting.
Posted on March 18th, 2009