jagash: (Angel)
[personal profile] jagash
So I am infatuated with Kiva, microloans which let people put out loans for people in third world countries. You pay money for credit and when repaid, the repayment turns back into credit which may be pulled out if you wish. It means that I can loan to some people and once a loan is repaid, loan out that same money at no additional cost to myself. Everyone benefits and I manage to help people.

They just changed how the repayment worked. You used to have to wait until the loan was repaid in full before the credit was given but they changed it to be real time. It meant that I was able to reloan $75 tonight which puts a smile on my face.

January 2019

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