Oct 18, 2007
Loans that Change Lives
We want to let you all know about a cool non-profit that is doing great things: Kiva.org
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 we see it, we get a higher return on $25 helping someone build a future than the interest our checking account pays >:)
Recent press worth checking:
- San Francisco Chronicle: Microcredit movement tackling poverty one tiny loan at a time;
- The Wall Street Journal Online: Help Impoverished Entrepreneurs With Loans;
- The Wall Street Journal Online: A New Generation Reinvents Philanthropy;





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