Kiva is a great micro-lending facilitator that connects you directly with individual entrepreneurs in the developing world. Worth the time to look into.
Now, you can throw that far…
May 19, 2009 · 2 Comments
Categories: Economics · Humanitarianism
Tagged: Kiva, micro-lending
2 responses so far ↓
Valerie (Kyriosity) // May 22, 2009 at 2:32 am |
My mom gave everyone Kiva gift certificates for Christmas. They had “sold out” of cases in the Christmas rush, so I didn’t get around to making my loan ’til March. After looking at a number of profiles without a clue which one to choose, I finally decided to hunt for the borrower with the most kids, and found a Lebanese farmer with nine. It also happened that the amount I had to lend was the balance of the total loan he needed, and the loan was disbursed the next day. He has made his two monthly payments on the loan in April and May, so in ten more months I expect to have the money repaid to invest again. So far, a good experience!
bennettcarnahan // May 22, 2009 at 7:46 pm |
Wonderful! Thanks for sharing. We are searching through the profiles now. I’ll post more once we get under way.