There’s more oil and local gin in Benin City, Nigeria

I’m pleased to share the news that Dorcas Omokaro has fully repaid her microloan on Kiva. As you may recall, she was my first Kiva microloan, a Nigerian mother of five who sells palm oil and gin. My great hope is that the kids don’t email me in ten years about a vast fortune or with an offer to buy the thing I’m selling on Craigslist. No, they’ll be mixing gin tonics, Pegus, and classic martinis in a bar down the road from their mother’s off-license.

Nora Rosa Rodríguez Rodríguez and Lan Thi Nguyen have now repaid 33% and 67% respectively. Ali just received his funds, so you’ll hear updates about him in the future.

I haven’t picked my next entrepreneur yet. I’m hoping to keep the money widely distributed, so I’ll be looking for another opportunity in Africa, preferably with a funny name to boot. Drop me a comment if you see something interesting.

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