1,000,000 Loans
If you saw the Kiva website this month, you noticed that Kiva surpassed 1,000,000 loans this month. It’s difficult to imagine the enormity of their operations. Keeping track of all this data is amazing. If the average sized loan were $1,000 (it’s probably more), it would take 40,000,000 microloans to supply 1,000,000 loans.Haiti and Zimbabwe
This week new loan opportunities appeared for people in
Haiti and Zimbabwe. Since Global Service
Ministries is quite involved in these two countries, it might be a good thing
to support loans in these countries, which are some of the poorest on
earth. The loan applicants in Haiti are
two groups that WMF has made loans to before.
Both were repaid.
Another Outstanding Month
Our team made 58 loans this month. Several individuals made multiple loans, and
the team made eight loans at our regular meeting. We also added one member this month. Our grand totals are now 48 members, 452
microloans in 53 countries worth $11,650.
Top Ten
If you’re curious about where most of our loans are made,
here are the top ten countries that have received WMF loans: 1. Kenya (49) 2. Peru (38) 3. Uganda (27) 4.
Ecuador (20) 5. Philippines (20) 6. Colombia (17) 7. Lebanon (16) 8. El
Salvador (15)
9. Bolivia (12) 10. Cambodia (11).
