Kiva Update

Bifotima Kimsanova, the entrepreneur the chapter funded started paying back on October 2008. From the $375 dollars lent, she has returned $62.62 (16.70% of the total loan) She will keep repaying in the course of the next 4 months.

As requested by the chapter, we entered a comment on the KIVA website requesting information and pictures of any improvement on Bifotima's business.
To see the comment go to

http://www.kiva.org/app.php?page=businesses&action=comment&id=58950&ent=71671


We are also proud to announce that we have funded two new entrepreneurs:

One is Karomat Umarkulova from Tajikistan. We lent her $75 dollars that will be repaid in three months
http://www.kiva.org/app.php?page=businesses&action=about&id=68468

The second is Bahodir Toshmatov from Tajikistan. We lent him $225 dollars that will be repaid in 4 months
http://www.kiva.org/app.php?page=businesses&action=about&id=68462

Once the money has been repaid the chapter will have to evaluate results and take a decision in terms of re-using the money to keep funding entrepreneurs or use the resources for something else.