As some of you may already know, last year NikeTalk allocated $6,820 to Kiva.org, a non-profit organization that helps facilitate loans to
entrepreneurs in developing nations. Since that money continues to be repaid, however, we've already succeeded in lending a total of over $13,100 - and that's not including the loans you all have contributed.
We've issued eight loans thus far and you can check their repayment progress on our Kiva lender page: www.kiva.org/lender/NikeTalk
We have some great news to share with you in this update: our first three loans have now been completely repaid! Mrs. Oun Choen's village bank group is just one payment away from becoming the fourth recipient to successfully repay their loan in full. In all, we've received $7,748 in repayments - meaning we've completely recycled our original $6,820 grant. As you can see, it truly is a gift that keeps on giving.
Thanks to these recent repayments, we currently have just over $1,450 in our community's Kiva.org account - and it's up to YOU to determine who will receive it!
In the past, we've selected loan recipients through a two step process: first, we invite our fellow members to browse kiva.org and nominate their favorite entrepreneurs, then we vote as a community and complete the loan receiving the most votes. Due to sharp increases in traffic and lender activity, we've been unable to issue loans using this method. Thanks to thousands of registered Kiva users, loans are being filled faster than ever before. As a result, we've been forced to expedite the process. Below, you'll find a series of five loans to choose from.
Simply visit the loan profile page for each one, vote for your favorite, and after the polls have closed we'll complete the top vote getters' loans, issuing up to $1,450 total.
If you'd like to support the loans that did not receive the most votes - or any of the loans facilitated by Kiva - please consider registering. You can even join NikeTalk's lending team and have your loans counted towards our community totals on Kiva's leaderboards.
Our current nominees are:
Fausta Nankya's Group
Roberto
Amor Y Amistad 2, 3 Group
Muhaiyo Anorova
Betty Kyambadde's Group
Thanks for participating and, of course, for your continued support of the NikeTalk community!
We've issued eight loans thus far and you can check their repayment progress on our Kiva lender page: www.kiva.org/lender/NikeTalk
We have some great news to share with you in this update: our first three loans have now been completely repaid! Mrs. Oun Choen's village bank group is just one payment away from becoming the fourth recipient to successfully repay their loan in full. In all, we've received $7,748 in repayments - meaning we've completely recycled our original $6,820 grant. As you can see, it truly is a gift that keeps on giving.
Thanks to these recent repayments, we currently have just over $1,450 in our community's Kiva.org account - and it's up to YOU to determine who will receive it!
In the past, we've selected loan recipients through a two step process: first, we invite our fellow members to browse kiva.org and nominate their favorite entrepreneurs, then we vote as a community and complete the loan receiving the most votes. Due to sharp increases in traffic and lender activity, we've been unable to issue loans using this method. Thanks to thousands of registered Kiva users, loans are being filled faster than ever before. As a result, we've been forced to expedite the process. Below, you'll find a series of five loans to choose from.
Simply visit the loan profile page for each one, vote for your favorite, and after the polls have closed we'll complete the top vote getters' loans, issuing up to $1,450 total.
If you'd like to support the loans that did not receive the most votes - or any of the loans facilitated by Kiva - please consider registering. You can even join NikeTalk's lending team and have your loans counted towards our community totals on Kiva's leaderboards.
Our current nominees are:
Fausta Nankya's Group
Roberto
Amor Y Amistad 2, 3 Group
Muhaiyo Anorova
Betty Kyambadde's Group
Thanks for participating and, of course, for your continued support of the NikeTalk community!
