Wednesday, June 9, 2010

Kiva

I am adding a Kiva banner to the blog, but I thought i should make a post about what it is also. Kiva is a great microcredit loaning system, where people can lend as little as $25 to budding entrepreneurs to help them achieve their next business goal. Basically if someone in Africa needs a small loan to purchase stock at the beginning of a season, they will apply on kiva and if you choose to lend to them, your $25 (or more) will add together with other people's money to give them the funds they need. It is a loan however, and they will pay you back as they make their profit. It is a great way to help women and other underprivileged groups become self-sufficient. I encourage everyone to at least look at the site, if not loan (only $25...and you get it back!)

http://www.kiva.org/


Here are the profiles of two women I have lent money too currently. I put in $50 years ago and have just been recycling it as soon as it gets paid back.

http://www.kiva.org/lend/195670

http://www.kiva.org/lend/195661

So lets be honest with ourselves; this is a way to give charity, without losing anything yourself. Check it out!


-Aline

1 comment:

  1. What a great idea Aline. I'll look into it.
    I'm following now from swap-bot. I like your site. Thanks for following on mine.

    ReplyDelete