Dough

Loan repayment time!  It's like payday, except smaller and more exotic.

My first ever loan, the one to the venerable Bancocomunal Nacer, is now 50% paid off.  That's almost half!  You know, I read somewhere (somewhere on the Kiva forums, if you want to be all specific about it) that group loans are better than individual ones.  Something about the social pressure of a group ensuring fiscal responsibility.

Meanwhile, the moisture farming business in Mongolia must be good, because Sendenbadam Sodvoo just repaid 8% of her loan.  I hope she didn't take it out of the pony's food budget.  I like that little guy.

Above: A hungry pony.  I asked him to make a statement, but he's a little horse.

So basically my Kiva account right now is the monetary equivalent of a major international airport.  I got dough flying in from all over the world.

Loan #1: Bancocomunal Nacer

I don't remember exactly how I picked my first loan.  It was, like, three months ago, and a lot's happened since then.  How can I be expected to recall what I did with my twenty five bucks all the way back before the Superbowl?  And the Puppy Bowl.

So, long story that I don't remember short, I picked this one - the Bancocomunal Nacer. It was a big loan. 106 people, and 105 of them weren't even me! It got all funded up real quick, no doubt because of their inspirational slogan, "We Are More Than Something Something." (my translation)

 

My faith in the Bancocomunal was rewarded.  I, along with the other 105 members of my cabal, received the first of four repayment installments on February 15 - a full two weeks before scheduled!  So if the Bancocomunal Nacer ever asks you for a loan, you know they're good for it.

Will they get me another $6.25 before the April 1 due date?  Stay tuned!