Tuesday, May 12, 2009

Julia in Boliva

I made a loan today to Julia in Alto, Boliva for 14 months. She wants to borrow money for personal reasons, to work on her home. I'm glad I can help her and her family. I've borrowed money to own my home.

Its amazing, the MFI she is with has been on Kiva for 25 months and has a ZERO delinquency rate. Dr. Yunnis was right, the poor do pay back at greater frequencies than the rich.

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