I've made another loan via Kiva. I like this idea because it gives people with a bit of get up and go a chance to make their lives better. This is the 5th loan I've made. A small amount of the money has been repaid.



So, because this is a commercial loan, I've developed a few rules for my lending:
. the lender is allowed to take some interest as long as they are substantially below the local lenders. The local lenders are often little better than loan sharks.
. the loan has to be for sustainable practices. For example: I avoided a loan for agricultural chemicals as I believe that farmers should keep more traditional agricultural practices and permaculture principles. Introducing chemical fertilisers and pesticides will cause dependency. I want to fund independence.
. the lender has to have a nil delinquency rate. This indicates that they select borrowers carefully. I want to encourage fiscally astute people, not give a gift.

I prefer to lend to women with children because:
. if a woman with children borrows money to grow their business they will use all of that money for that purpose.
. if, on the other hand, you lend to a single man he will celebrate first and use the remainder for the business.
. women are often discriminated against fiscally. I want to level the playing field a little. I can only save my little bit of the world.
. in countries where women do not enjoy equallity, children suffer greatly if the father is gone and the mother is unable to earn a good living.