Investment in another entrepreneur - Peru

Using the money repaid by Glicerio, I applied the same criteria to invest in another entrepreneur's business. As a result one of the Fall 2009 classes invested in the cleaning and clothing business of Lucia, an entrepreneur in Peru. This investment finished up her loan request and the money is expected to be paid back over six months, starting in May 2010. Click here to get more information about Lucia and her business.

Repayment!

The God Creation Group in Liberia is well on their way to paying off their loan. Payments have already been received for February 2010 and March 2010. I expect to be looking for another entrepreneur or group of entrepreneurs to invest in sometime in April 2010.

Glicerio in Peru - Paid Off!

I just heard from Kiva that our loan to Glicerio in Peru was paid off...five months early! Now we'll have to figure out who to re-loan the money to.

Repayment!

More good news from Kiva. We've gotten repaid on the two loans we made:

God Creation Group in Liberia - the second of five payments
Newly Repaid: $11.76
Total Repaid So Far: $20.59
The next payment is due on February 1, 2010

Glicerio in Peru - the first of two payments
Newly Repaid: $25.00
Total Repaid So Far: $25.00
The next payment is due in July 2010

Repayment!

From Kiva: "We'd like to give you a repayment update on the loans you've made through Kiva. A total of $8.83 has been repaid today."

This is the 1st of 5 payments from the God Creation Group.

Update from Kiva - Liberia

From Kiva: "Thank you for your loan. It has been disbursed to God Creation Group by Local Enterprise Assistance Program (LEAP), a partner of World Hope International and World Relief in Liberia. We are excited to watch this business grow. Over the 4 months of this loan, Local Enterprise Assistance Program (LEAP), a partner of World Hope International and World Relief will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website."

Update from Kiva - Peru

From Kiva: "Thank you for your loan. It has been disbursed to Glicerio by Microfinanzas Prisma in Peru. We are excited to watch this business grow. Over the 7 months of this loan, Microfinanzas Prisma will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website."