Saturday, March 10, 2007
Helping Angel the container seller in Honduras
I just found this loan on Kiva and had to bid, it the first bid to Jose Angel Rivas in Comayaguela , Honduras. This loan was on page 3 and had no bids!
I think Jose will do well with his plastic wares. I am so glad that Prisma Microfinancing is in Honduras and is able to loan to Jose so he doesn't have to borrow at the ridiculous rate of 80%. I even seen it as high as 125% in some parts of Honduras.
I am so glad Kiva lets us do this.