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All Funded, First Loan Distributed

May 20th, 2007 at 03:13 am

Just a quick update that all 4 loans have been fully funded and the first of the loans has already been distributed to Maria:

Thank you for your loan. It has been disbursed to Maria Isabel Chi Puc by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 6 - 12 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website

Amazingly quick turn around and it's good to see that some of the money loaned has already made it to one of the recipients.

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