How to Get Started in Microfinance via Kiva.org
Posted by Ivan Storck | Filed under Sustainability
I’m pretty busy with the Green Festival in San Francisco this weekend but have a minute to copy and paste this message from Kiva:
I just made a loan to someone in the developing world using a revolutionary website called Kiva.
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 business is going. 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.
I just made a loan to an entrepreneur named Cynder Gael Medina Cuenca in Peru. They still need another $50.00 to complete their loan request of $275.00 (you can loan as little as $25.00!). Help me get this business off the ground by clicking on the link below to make a loan to Cynder Gael Medina Cuenca too:
http://www.kiva.org/app.php?page=businesses&action=about&id=23473&_isc=
It’s finally easy to actually do something about poverty – using Kiva I know exactly who my money is loaned to and what they’re using it for. And most of all, I know that I’m helping them build a sustainable business that will provide income to feed, clothe, house and educate their family long after my loan is paid back.
Join me in changing the world – one loan at a time.
What others are saying about www.Kiva.org:
‘Revolutionising how donors and lenders in the US are connecting with small entrepreneurs in developing countries.’
– BBC
‘If you’ve got 25 bucks, a PC and a PayPal account, you’ve now got the wherewithal to be an international financier.’
– CNN Money
‘Smaller investors can make loans of as little as $25 to specific individual entrepreneurs through a service launched last fall by Kiva.org.’
– The Wall Street Journal
‘An inexpensive feel-good investment opportunity…All loaned funds go directly to the applicants, and most loans are repaid in full.’
– Entrepreneur Magazine
Update: View my profile page here.
Technorati Tags: kiva, peru, microfinance
Tags: kiva, microfinance, peru, Sustainability
