I loan because I want to help, hardworking entrepreneurs in developing nations, have an opportunity for a better life. Now that I have been lending for awhile and after reading the book -International Bank of Bob, I now understand one loan, is more than likely to lead to multiple loans. This allows borrowers to grow and make a positive impact for their families. They are then able to provide their kids an affordable education, which ultimately gives them a better life. It exactly like most of our parents and elders have worked hard and sacrificed for us. It’s a pretty simple straight forward formula, that has been shown to work over and over again.
I work in the water treatment field selling chemicals and equipment to the Municipal and Industrial accounts. I’m obviously happy to see that Kiva has started a sector in the attributes field for water and sanitation.