First Kiva Loan Repaid!

Good morning!  I have some exciting news to share!

Earlier this week I received the first full repayment of one of my Kiva loans!

Back in November of last year, I helped to fund Remedios' loan, which would pay for her children's
school expenses for the year.  Eight months later, the loan has been repaid and I'm looking forward to re-investing the money into a new Kiva loan.

On her Kiva loan profile page, Remedios had this to say to lenders:

"Salamat! (Thank you!)

Your financial help realized my hopes and dreams as a PMPC Client. I don't have to worry about supporting my family and can sufficiently provide for my needs. You being a LENDER has the commitment to borrower like me is nothing less inspiring. Thank you so much!"

- Remedios

Kiva - November 2014

Welcome back to a new year and a slight backlog of Kiva loans!  :D

Remedios (Philippines)

A loan of $175 helps Remedios to pay for her children's school expenses this school year.

Remedios is married and has 5 children. Her husband is a fisherman. They live in Plaridel-Danao, Philippines. Remedios supports the daily needs of the family by selling the catch of her husband and by buying the catch of her neighbors to sell. In January of 2014, Remedios applied for membership in Paglaum Multi-Purpose Cooperative (PMPC) after she learned of the benefits offered by the Co-op to its members. She became a member in good standing and has received several loans, which were repaid in a timely manner. She is a persevering mother who wants nothing more but to see all her children achieve their diplomas and have stable jobs. Remedios is in need of financial assistance. She requested a loan of 7,000 PHP to pay for her children's school expenses this school year. Someday, she hopes to build a concrete house for the family.

You too can get involved and contribute to a loan today!

UPDATE: As of June 26, 2015, Remedios' loan was fully repaid.  See the update here.