Thanks to your efforts our team has reached the amount of $80,000 loaned. Pat yoursef in the back, and remember we still have to reach the ultimate goal of $100,000 by the end of the year. We have four months to accomplish it. Congrats everyone!
Our thoughts and prayers are with the people of Haiti. As you know a terrible earthquake, magnitude 7.3, has hit the capital Port Au Prince, with several aftershocks following. Haiti’s ambassador to the United States has called the event a major catastrophe. The city of two million has been leveled according to news reports, and serious loss of life is expected.
Haiti is the poorest country in the American Continent, and this disaster will only make things a lot worse. I've never used this forum to promote causes other than Kiva, but this time please considerer aiding the rescue efforts and the rebuilding phase. Reputable international aid organizations are:
Welcome to the "Para Mexico" Kiva team blog. I am one of the team captains, my name is Cesar, but I use the initials of the names my two daughters as my Kiva ID ( M+M ).
I'm glad you made it into this blog. I use this blog to publish statistics about the team performance and growth, as well as information I find relevant about Kiva and micro lending. You can also find silly stuff I stumble upon the web every once in a while.
We are a group of lenders with a special interest in helping entrepreneurs in Mexico, we are also happy to support people in all five continents. We use the web platform Kiva put together to achieve that goal.
If you are already member of the team, feel free to explore the blog, you may find interesting facts about "Para Mexico". If you are not, then you are welcome to join. If you join my lending team, we can work together to alleviate poverty in Mexico, Latin America and around the world.
Once you are a part of the team, you can choose to have a future loan on Kiva "count" towards the team's impact. The loan is still yours, and repayments still come to you - but you can also choose to have the loan show up in our team's collective portfolio, so our team's overall impact will grow!
We have some fun events over the year, like the Valentine's Day loan-a-thon, and the M+M challenge in October. You can socialize with your fellow team members using the message board included on the team's page at the Kiva environment.
Kiva Microfunds is an organization that allows people to lend money via the Internet to micro finance institutions in developing countries which in turn lend the money to small businesses.
Those microfinance institutions around the world, called "Field Partners", post profiles of qualified local entrepreneurs on its website. Lenders browse and choose an entrepreneur they wish to fund. Kiva aggregates loan capital from individual lenders and transfers it to the appropriate Field Partners to disburse to the entrepreneur chosen by the lender. As the entrepreneurs repay their loans, the Field Partners remit funds back to Kiva. As the loan is repaid, the Kiva lenders can withdraw their principal or re-loan it to another entrepreneur.
On fall 2008, Kiva announced the creation of lending teams. Kiva lenders who wish to lend as a group can form a lending team. This allows anyone on the team to see which entrepreneurs other team members are lending to and allows you to track the impact that your group is making on Kiva.
"Para Mexico" was created as a Kiva Lending Team on Sept 8, 2008, to fund mostly entrepreneurs in Mexico. To date, the team has loaned about $51,000.00 to more than 1,400 entrepreneurs in all five continents. More than 210 members from around the world make "Para Mexico" one of the most active lending teams on Kiva.