Monday, September 10, 2007

Have you Heard of Kiva?

Kiva - loans that change lives

What is Kiva, you ask? Kiva is a unique way to help someone by giving them money to start a business. This is not a donation, see, because they pay the money back to you. It's a loan.

Kiva lets you lend money to a specific budding entrepreneur, in the developing world, which empowers them to lift themselves out of poverty. You remember the saying "Give a man a fish, he eats for a day. Teach a man to fish and he eats for a lifetime"? This exemplifies that concept.

Kiva lets you connect with and loan money to unique small businesses in the developing world. By choosing a business on, you can "sponsor a business" and help the world's working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the business you've sponsored. As loans are repaid, you get your loan money back. You can loan as little as $25 at a time!

Check out their site today!

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