Man, I'm totally digging watching my money helping people grow businesses and make money around the world. I loaned $175 to four families a couple of months ago, and already one of the loans is 10 percent repaid, and another is 6 percent paid off.
Here's the back story on these guys:
"Mrs. Ten Savein is 24 years old, married, and has 2 children. She works selling a variety of fruits, giving her $4/day income. Her husband is a motor-taxi driver and can earn $2/day. This loan will be used to purchase more fruits for her business. She hopes she can continue to expand her business so that she can support her children."
I like these guys too, mostly because they used my money to buy a motorcycle. How cool is that?
They're six percent paid off. Here's their story:
Mrs. Mich Thoeun, 48 years old, lives in Kampong Cham and sells vegetable and fruit for a living. She earns about $2/day in her sales activities and her husband earns $2.5/day working as a teacher. The couple also supports Mrs. Mich Thoeun's mother and their 2 children. This loan will be used to purchase sugarcane and a motorcycle for transporting her product."
I loaned them $75, and a bunch of other people contributed money to them too -- including Claire in Victoria, British Columbia, Pam in Shropshire, United Kingdom, Jim in Levittown, NY and Paul, Las Vegas, NV -- and I guess the motorcycle is working out. They're 6 percent paid off and are able to sell enough sugarcane to pay off a little every month.
You can watch my businesses take off here.
Wednesday, October 10, 2007
Watching my money do stuff around the world
Posted by Michelle at 11:34 PM
Labels: cool web stuff
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2 comments:
You'll go to heaven, whether you want to or not.
I agree Mom, she's stuck.
This is a very cool thing you're doing, Michelle, and I hope you'll keep us updated on the progress of your projects.
I made a micro-investment at the poker table yesterday. Not expecting to be repaid anytime soon.
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