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Post by Deleted on Apr 2, 2010 18:07:31 GMT
Oh, wow, things are going very well.
This is the lady selling clothes in Ecuador:
I lent : 40.00 € Repayment rate : 11.05% Estimated Repayment date : 12/6/2010 Reimbursed : Amount : 41.99 € 380.00 € Here is the Vietnamese woman buying pig feed:
I lent : 50.00 € Repayment rate : 8.33% Estimated Repayment date : 3/7/2011 Reimbursed : Amount : 19.99 € 240.00 €
And here is the Vietnamese woman with a chicken coop:
I lent : 50.00 € Repayment rate : 8.26% Estimated Repayment date : 3/5/2011 Reimbursed : Amount : 19.00 € 230.00 €
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Post by Deleted on Sept 19, 2010 10:30:48 GMT
Out of my 5 projects for which I leant a total of 200€, 75€ has now been returned to me to finance new projects. I have 3 loans in Vietnam, one in Ecuador and one in Tajikistan. I'm thinking about Cambodia and Benin. Always so much to choose from, though...!
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Post by Deleted on Sept 19, 2010 21:58:16 GMT
This is the lady selling clothes in Ecuador:
I lent : 40.00 € Repayment rate : 11.05% Estimated Repayment date : 12/6/2010 Reimbursed : Amount : 41.99 € 380.00 €
I don't understand. This lady had to reimburse 380.00 € for a loan of 40.00 € ?? !!
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Post by Deleted on Sept 20, 2010 4:54:47 GMT
No, about 10 different people join together to make each loan. The loan was 380€ of which I provided 40€.
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Post by Deleted on Oct 25, 2010 16:34:07 GMT
My Vietnamese microentrepreneurs are just making me richer and richer! Here are this week's credits to my account:
Thao Doan thi Acheter de nouveaux ordinateurs - Le café Internet de Thao 3 €
Han Pham thi Les porcs de Thi - Acheter de la nourriture pour les porcs et du riz 4 €
Sinh Nguyen thi Les poules de Thi - Acheter de la nourriture pour la volaille 4 €
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Post by bjd on Oct 25, 2010 17:02:34 GMT
I just lent again the other day. This is my 9th loan, this time to a woman in southern Sudan. I am still being paid back by one woman in El Salvador and a group of women in Bolivia.
Unfortunately, none of my friends answered the invitation to lend that I sent out.
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Post by Deleted on Oct 25, 2010 17:20:40 GMT
I have to choose some new people, because I think I have close to 100€ on my account now. I can't decide if it is better to lend to a lot of people (20+20+20+20...) or give a big chunk to just one person.
But I think I prefer to spread it around as much as possible, because you receive a lot more information about what is happening. This time, I think I'm going to look for people in Africa, because the ones in Southeast Asia and South America seem to be prospering no matter what.
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Post by Deleted on Mar 20, 2011 11:24:34 GMT
I'm rich!
Vous avez été remboursé d'une partie de votre prêt sur Babyloan.
En effet, nous avons des nouvelles du ou des micro-entrepreneur(s) que vous avez soutenu(s)
Nom du micro-entrepreneur Intitulé de son projet Montant de votre remboursement Sopheapk KEO La boutique de vêtements de Sopheapk - Acheter des vêtements pour hommes et femmes 3 € Ambroisine AGODY La boutique d'Ambroisine - Accroître son stock 4 € Sinh Nguyen thi Les poules de Thi - Acheter de la nourriture pour la volaille 6 € Han Pham thi Les porcs de Thi - Acheter de la nourriture pour les porcs et du riz 6 € Thao Doan thi Acheter de nouveaux ordinateurs - Le café Internet de Thao 3 € Thu Doan Thi Acheter des produits - Le groupe de Thu 4 €
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Post by bjd on Mar 20, 2011 13:25:45 GMT
I had a look the other day. I have made 9 loans -- all those to Central and South America have been reimbursed or are in the course of being reimbursed. The lady in South Sudan and the group of women in Uganda are delinquent. I think I'll stick to South and Central America.
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Post by fumobici on Mar 20, 2011 15:09:28 GMT
Promise you won't spend it all in one place.
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Post by Deleted on Oct 14, 2011 19:01:57 GMT
I was looking at my account at Babyloan and saw that the following loans in which I assisted are completely reimbursed:
Sinh Nguyen thi - Vietnam - chicken feed Han Pham thi - Vietnam - pig feed & rice Nurridin Usanov - Tadjikistan - computer repair equipment Thao Doan thi - Vietnam - internet café Katty Jasmin Ruiz Lopez - Ecuador - clothing boutique
Almost finished are the following:
Thu Doan Thi - Vietnam - 4 friends united with different professions - farmer, fisherman, equipment rental... Ambroisine Agody - Bénin - oil, tea and ice in her village boutique Sopheapk Keo - Cambodia - clothing shop
And still in progress are these:
Ahrorov Naim Istravshan - Tadjikistan - medicines Koubouratou Idrossou - Togo - maize
And these are just beginning to reimburse:
Mehdi Chahih - France - village market stand Tung Dinh Hoang - Vietnam - tailor Josiane Gnanga - Bénin - fabrics
I just keep recycling the money as it is returned to me, and frankly I feel quite proud to think that I am doing something to help people while the normal banks are sucking people dry, losing all their money and being refinanced by the taxpayers.
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Post by bjd on Oct 15, 2011 15:06:16 GMT
I keep recycling my loans too, with an occasional addition if just a couple of dollars are missing.
I just had a look on my account and I have made 13 loans so far (average Kiva user 7.5) and have 2 being paid back: a woman in Nicaragua and a young guy in Colombia, both small shopkeepers.
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Post by Deleted on Jan 27, 2012 18:13:48 GMT
Yet another big windfall for me announced today by my microcredit association!
Nom du micro-entrepreneur---------Intitulé de son projet---------Montant de votre remboursement Josiane M. GNANGA---------------- Les pagnes de Josiane------------------------ 1 € Ahrorov Naim/Istaravshan------- Les médicaments d'Ahrorov------------------ 3 € Koubouratou IDROSSOU---------- Les céréales de Koubouratou--------------- 3 €
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Post by Deleted on Dec 30, 2013 22:57:10 GMT
As the year comes to an end, I am quite proud to have helped a number of total strangers to succeed in life through my very small loans which I keep recycling as the money returns to me.
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Post by bjd on Dec 31, 2013 7:28:47 GMT
Thanks for reminding me about this, Kerouac. I just had a look at my kiva account. I have made 33 loans and have $51.70 in my account so I will make two more. I started at Christmas of 2008 and have been recycling the money with an occasional addition of a few dollars.
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Post by bjd on Dec 31, 2013 7:58:34 GMT
I just spent 20 minutes looking for new loans. I tend to lend for more short term repayments so there is a faster turnover.
I ended up lending to a woman in Pakistan (one of the few who didn't have her husband in the picture) and a group of women in Guatemala.
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Post by Deleted on Jan 23, 2014 12:53:36 GMT
I have 7 projects in progress at the moment:
Woman in Togo who sells cosmetics Woman in Nicaragua who sells stuffed meat tortillas on the street in Managua Woman in Ecuador who sells meals to workers on construction sites Woman in Cambodia who sells snacks and drinks Woman in Palestine with a grocery store Man in French Polynesia with a fishing boat Woman in Palestine who needed to buy a new cow after the other one died
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Post by bjd on Jan 25, 2014 9:15:53 GMT
my outstanding loans right now are:
a group of women in Guatemala selling fruit and vegetables a young man in Colombia with a services shop a Kenyan woman selling vegetables and groceries Women in Bolivia in food production a group of women in Guatemala selling perfumes the Pakistani woman dressmaker
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Post by Deleted on Oct 20, 2015 18:51:32 GMT
piggybank 1.30€ to come October 11.66€ to come November 11.66€ to come in future months 103.68€
I need to inject more money because there are a number of other projects in which I want to invest.
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Post by bjd on Oct 20, 2015 19:13:43 GMT
Good for you -- I'm glad you are continuing with this.
I just had a look -- I have $19.71 on my account and $78 in outstanding loans to five different people. Of the 45 loans I have made, only one ended with a loss.
My outstanding loans:2 in Bolivia, one in El Salvador, a farmer in Colombia and a woman selling animals in Tajikistan.
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Post by Deleted on Oct 20, 2015 19:18:56 GMT
I still have a 100% record -- not a single loss after 29 loans.
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Post by rikita on Nov 13, 2015 11:55:26 GMT
hadn't seen this thread before ... it sounds interesting! maybe i should do something like that too, as soon as i find the time to look into it. i suppose you can just do a very small amount (like one small loan) if that is all you can give for now, and then give out the next one once that money is back? or is there a minimum?
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Post by bjd on Nov 13, 2015 13:11:11 GMT
Rikita, on Kiva, the minimum (and standard) amount is $25, so a bit less in euros, depending on the exchange rate. I started the way you mention -- I lent $25 and when it was repaid, I lent it again.
I usually lend on short term loans, figuring the money will be recycled faster.
I just had a look at my page on Kiva: I have $74.54 in outstanding loans to four different people (2 in bolivia, one in El Salvador and one in Colombia). I also have $22.79 in my account, which I will lend again once it goes above $25. I occasionally add a bit for operating costs but not always.
My total deposits come out to $168 (since December 2008) and it provided $1125 in loans.
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Post by Deleted on Nov 13, 2015 13:18:04 GMT
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Post by rikita on Nov 13, 2015 14:13:08 GMT
thanks! will check it out ...
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Post by bjd on Nov 24, 2015 15:29:55 GMT
I just had a credit of $37.52 on my account so lent $25 to a lady in El Salvador who sells fruit and vegetables at a market.
I had thought of lending to women in Pakistan but nearly all of them were borrowing for either their husband's or son's business. So it was back to Central America.
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Post by kerouac2 on May 31, 2017 13:14:59 GMT
For the first time ever, after 31 successful loans totally reimbursed and 7 others currently in progress, I have been informed that my loan to Azerbaijan faces complications due to the current disastrous situation of the economy (double devaluation of the currency, debts labelled in US dollars and in euros, drop in oil prices...). The microcredit organisation therefore tells me that reimbursements are frozen until August, in accord with the IMF. I only loaned 20 euros to poor Gulaya out of the 1060 euros that she needed, so I am not at all worried about my money even if I lose it. She was a cleaning woman, but now that her husband has retired, she started her own business selling the fruits and vegetables that she grows. The loan was to buy more seeds and fertilizer. Gulaya Although my idea was massively rejected when I started this thread, I still think it would be a good idea to open an Anyport account at one of the microcredit organisations to which any member could contribute anything or nothing to help some of these people. That way people would receive more than a piddling 20 euros at a time and perhaps some projects could be financed 100% by Anyport. I will admit however that it just means "money down the drain" in terms of one's personal finances since I would never in a million years ask to have my investment returned to me. I just keep investing everything that comes back again and again.
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Post by mickthecactus on May 31, 2017 13:34:58 GMT
Actually, I think that is a very good idea K2.
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Post by bjd on May 31, 2017 14:30:41 GMT
Glad you brought this thread forward, Kerouac. It made me realize that I haven't had any news from Kiva for a while, so will check to see what is happening.
Adding that I just logged into Kiva: one loan out of 50 overall ended in default, so that is really not a big deal. It turns out I have $56 in credit so will make two more loans.
One last edit to say I lent to a woman in Honduras who repairs bicycles and motorcycles and a woman in Ecuador who needs to buy kitchen appliances, potatoes and eggs for her food business.
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Post by kerouac2 on May 31, 2017 14:56:38 GMT
I can't forget www.babyloan.org because I accepted to receive messages from them. There is a least one a month to tell me how much money I have on my account after the monthly reimbursements, and then the couple others I delete unread along the lines of "give for mother's day" and things like that.
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