Kiva Microloans

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Bhutans flagPublished: August 7th 2011Asia » Bhutan » Thimphu
August 7th 2011

I have just been informed that the $25 loan I made through Kiva last July to a group of women in Cambodia has been completely repaid.

My $25 was pooled with loans from several others to provide a loan to a this group of women who were taking a village bank loan from Kiva. The group leader used her part of the loan to repair her house, and the other women used their share for a variety of purposes.

So now I have been able to lend the same $25 again to a group of 3 women in Vietnam who wish to improve their small shops.

If you have been as inspired as I have by the power of microcredit to give people an opportunity to improve their lives and those of their families, you can find out more about Kiva by following this link:

http://kiva.org/invitedby/wendy7530

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Wendy66
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In 1865, Britain and Bhutan signed the Treaty of Sinchulu, under which Bhutan would receive an annual subsidy in exchange for ceding some border land. Under British influence, a monarchy was set up in 1907; three years later, a treaty was signed wher...more info
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