Kiva.org allows individuals to make $25 loans to low-income entrepreneurs in the developing world (microfinance). By doing so, individuals like you and me provide affordable working capital for the poor (money to buy a sewing machine, livestock, etc.), empowering them to earn their way out of poverty.
It's a new, direct and sustainable way to fight global poverty, and the way I see it, I get a higher return on $25 helping someone build a future that the interest my bank account pays. If you have a minute, please check out the site: http://kiva.org/. If you need more reputable validation than my recommendation, know that they have received great press in publications ranging from The Wall Street Journal to NPR and Business Week.
1 comment:
Thank you for the post on Kiva. You've provided your readers a unique chance to connect to something meaningful, yet in a practical way. It is especially encouraging when it is so easy to get distracted by the consumerism that, unfortunately, has become the hallmark of this special season. Have a wonderful Christmas and blessed New Year!
Regards,
Tim (volunteer with Kiva.org)
tim at kivavolunteers dot org
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