The February Kiva

So, back in February we made our second Kiva Investment. The person that we gave the site’s hard earned money to was Nasim Rozikov. Nasim is from Istaravshan, Tajikistan, and is going to use the loan for the Purchasing of seeds. Here is the photo from the loan page.

Nasim Rozikov

Rozikov Nasim is 39 years old. He is married with 5 children. Nasim has got 3 hectares of irrigated land. In order to support his large family he is producing onions and wheat. All the family is involved in this business. This is the only one source of income and all the hard-working family hopes that in future they shall be able to improve their living conditions by the profits they are able to generate. Nasim requests a loan of 2000 Somoni (about 600 US Dollars) to purchase seeds. This will be his first loan but he is determined that he shall pay the loan back in 12 months and thanks you for your support.

Remember that HoserNews is going to be funding loans from Kiva at least once a month, and you still have time to help us decide what business we should help give loan funding to

Kiva Loan Update for Layla Abou Ghida

As some of you may know, back in January I began to use some of the meager profit from the site to help others. The first loan was made to Layla Abou Ghida, the loan was made through Kiva.org.

Laya Abou Ghida

Layla is a 41 year-old mother of 3. She lives with her family in south Lebanon, in the region of Nabatieh. This is the second time Layla is asking for a loan from Al Majmoua. She needs to buy new merchandise for her accessories store. Layla does not only limit her business to accessories sales but also works in the make-up sector.

The latest payment was made on April 15, 2008, and I can’t see any reason not to have all of the payments made on time.

I will continue to be making at least one donation every month for the forseeable future. If you see a business that you think we should invest in please let me know.