The Pondering Pig's Kiva Social Investment Group
We welcome cigar-chomping plutocrat Leo Sadorf to the Pondering Pig Social Investment Group. Doff that silk topper and take a bow, Leo.There are now two, count us, two investors in our group, Leo and The Pondering Pig. We've decided to take a flyer on some promising businesses in Africa and, throwing caution to the winds, tell other folks about our investment to encourage you all to take a flyer yourselves.
Between us the PPSIG is now invested in Kenya and Togo. The dairy business is covered with holdings in a cow - yet to be purchased, and retail food distribution through a bustling rice and cooking oil shop. If all goes well, the return on our investment will be zero per cent, we'll see our loan repaid, and use the return to invest in other promising businesses. We will have helped two families in Africa beat poverty and start to gain some wealth - and their neighbors will be able to get dairy products, rice and oil at a slightly better price than before.
The PPSIG Portfolio may be reviewed here:
PPSIG Kenya Dairy Investments Division
PPSIG Togo Food Distribution Investments Division
We encourage you all to join us. Tell the Pig about your investment choice so we can encourage more investors. For full details, see Rice-Sacks and Cooking Oil. Or just go to Kiva.
World Poverty - Let's End This Right Now.
Labels: Kiva Investment Group
posted by Christopher Newton at 7:07 AM
9 Comments:
Definitely a win-win situation. Lady gets a cow, people eat, we get repaid, spread it around some more. This is a worthwhile way to bring some light into a sometimes dark world. It's fast, easy, painless and ever so rewarding.
Besides, I've never owned a cow before
On a lighter note:
Give a man a fish and he eats for a day. Teach a man to fish and he sits in a boat and drinks beer.
That's why I choose to invest in business ventures set up by women. I know us too well.
Where did you find that great picture? I love it!
I've hopped on with investments in Mexico, Kenya and Bulgaria. Thanks for turning us on to this, Olde Pigg!
I've opted to stay in the Kenya dairy business. Peter Kariuki in Kenya needed some $$$ for some cows. I know I said I like business ventures with women entrepeneurs, but Pete is a dad with 10 kids and I know he has the wherewithall and stamina to do some serious business with some cows. If he can raise 10 kids, he can do anything. The portfolio expands. PIGsig or PPSIG, however the exchange recognizes us, is on the move.
Thank you for informing me of this innovative program.
Since the PPSIG is currently involved with Kenyan dairy loans, I thought it appropriate and fitting to loan to a Kenyan cereal merchant.
I shall keep my eye out for additional loan opportunities. This could become addictive.
Hey Pig, I looked at Kiva last Saturday and was hooked- I'm in on a whole slew of loans from shoe making in Ecuador, to shoe selling in Mexico, to pepper grinding in Togo, to grocery selling in Uganda, to hairdressing in Senegal and Bulgaria...
The above commentor nailed it- it's addictive! All of Sunday and Monday I kept having to check back to Kiva to see if the people I had loaned to had raised their loan yet- everytime I saw that one of them had increased in how much they'd been loaned, I was so excited, I was cheering them on! I can't wait for the journal entries to see how they are doing!
Thanks for passing on the word about Kiva!
Oh yeah, and what a good geography lesson too. I felt compelled to get out an atlas and see where all the different folks live!
The Ecuadorian shoe store lady, Angelina Alvarado, hit the 100% mark last night. That was exciting! The pizza lady from Moldava, Nina Dragoi, was at 16%...hope more people hop on board for her! The kids in her town are early waiting for the cafe to open! There's a variety of nationalities represented in her support: the U.S., Iceland, Australia, and Uganda. Hannah's right - Kiva is good for geographic awareness. I want to know all about the cities my "partners in investment" live, besides the business owner's home.
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