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cpbailey
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« Reply To This #10 on: July 03, 2007, 06:30:16 PM » |
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Ramon,
Yes, my account FINALLY got credit. It was June 29 that the loan was paid off, and I got a message saying a payment was made (not that it was paid in full, but the generic message). Finally, on July 3, I got the credit. Takes me back to the good ol' days when banks held all checks for 5-10 business days.
I have already loaned the money out again. I wanted to go to Azerbaijan, Tajikistan, central America (none there), Cambodia or somewhere else southeast Asia. But I couldn't resist helping someone sell used clothing. Did you know that much of the clothing WE donate ends up overseas? I couldn't resist the recycling aspects of it. Pretty sad that one of our exports is used stuff that we pass by at garage sales. I wish that the loan terms did not indicate 2 years on so many of the loans...I might have loaned to the widow who grows bonzai plants in Viet Nam. Head said recycle; heart said bonzai is cool, and the widow probably has a hard go of it with four kids.
Now I am even more impressed by Prisma which takes a loan and it walks out the door within hours. Beats Kiva hands down. I guess Kiva might have to confirm payment (some payments have been reversed), but there could be a reloan with less confirmation--lock out the option to receive conversion to PayPal for longer time. I am going to be busy for a couple days/weeks, so I am glad to have gotten this loan started.
Colette
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