Great news! Repayment on microloan!

Hi Richard,

You’ve received a total of $6.25* in repayments on October 20, 2013!

Get all the details in your portfolio. For repayments on loans made with your own funds, repayments are returned to your Kiva account to keep, re-lend to another borrower, or donate to support Kiva’s operating costs.*

Please note that your current balance may be less than the total repaid to you because of purchases or withdrawals made recently.

Have questions? We’re happy to help atcontactus@kiva.org.

Loan repayments in the amount of $6.25 were made on a portion of a loan purchased with promotional credit, so this amount was not returned to your account as Kiva credit.

On behalf of all of our borrowers, thank you for lending on Kiva.

Best Wishes,
The Kiva Team

Clarification from Caron St. John, PhD

Entrepreneurship definition clarified via email from Dr. Caron St. John, dean of the College of Business Administration, UAH:

Our definition is a common one, used by Harvard and many other universities — entrepreneurship involves recognizing an opportunity and then, in spite of uncertainty and scare resources, organizing a response.  Taking action.  We don’t define it as “starting a new business” — because it doesn’t have to be wholly new and it doesn’t have to be a business (could be a not-for-profit).  

The sound of commerce

Tonight, in another room my wife was watching the tellie. From the rapid-fire elevated voice of the squawk box, I couldn’t tell if my wife was watching a televangelist, a talk show host, an advert selling a miracle juicer or a sports broadcaster. She never watches the first two but there’s always a first, I guess.

Turns out she was watching the local high school football report.