Kiva
Blog Entry on the Saturday 26th, July, 2008
Kiva
Yes - this is an advert, from I link I got off Alex's about page.
You can go to Kiva's website and lend to someone in the developing world who needs a loan for their business - like raising goats, selling vegetables at market or making bricks. Each loan has a picture of the entrepreneur, a description of their business and how they plan to use the loan so you know exactly how your money is being spent - and you get updates letting you know how the entrepreneur is going. Up to me which person I would like to loan money to.
The best part is, when the entrepreneur pays back their loan you get your money back - and Kiva's loans are managed by microfinance institutions on the ground who have a lot of experience doing this, so you can trust that your money is being handled responsibly.
Allyson and I just made a loan to an entrepreneur named Phan Uy in Cambodia. They still need another $325.00 to complete their loan request of $500.00 (you can loan as little as $25.00!). Help me get this entrepreneur off the ground by clicking on the link below to make a loan to Phan Uy too:
http://www.kiva.org/app.php?page=businesses&action=about&id=54757
See Allyson's and mine loans.