I picked a lady from Nigeria, named Margaret Adedeyinbo. She runs a food market and asked for a loan of $950, to be paid back over a period of 8 months. My $25 will be combined with funds from a bunch of other people, then sent to her so she can buy frozen foods to sell in her shop. Once she repays the loan, I'll get that $25 back and loan it to someone else.
Kiva's "field partner" on this loan is a group named Lift Above Poverty Organization (their official site: LAPO). They've loaned nearly $2M to over 3,000 people... and have a 0% default rate. That's hard to imagine, but it's what the site says (and yes, I poked around online a bit before clicking "pay").
So, I'm excited to see how this turns out!