Thursday, September 27, 2007

kiva

My friend, Abbie, turned me on to a cool non-profit, Kiva.org, so I thought I'd share it with you too.

Kiva.org allows individuals to make $25 loans to low-income entrepreneurs in the developing world (microfinance). By doing so, individuals like you 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 than the interest my checking account pays.

Anyways, 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 to BusinessWeek.

Thanks for reading!

2 comments:

rick said...

Whoa this pretty cool. I can see myself getting involved in something like this.

Abbie said...

yay - spread the word :)