This is Tamella Huseynova. She is in debt to me for $50. Why? Because she participates in micro-credit/lending, a new phenomenon where organizations lend money to small business owners in third world countries. I made the small donation to the organization that financed her overall $1,100 loan.Ms. Huseynova is from Azerbaijan and is using the money to enlarge her wedding supply shop. Today I was informed she made her first repayment of $92. That $92 is spread evenly among all her donors like me. Way to go, Tamella!
Here's the link to her profile: http://www.kiva.org/app.php?page=businesses&action=about&id=19085
And here's the link to the organization I donated to: http://www.kiva.org/
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