Kiva

For a long time I've been meaning to write about Kiva. Kiva facilitates micro loans to people in distant lands who really need the money to build their businesses and change their lives. Loans are as small as $25.00 per investor.

You can offer a loan online and you get to decide who receives your loan. Your investment is pooled with the investment of other small lenders through banks in developing countries. Then the loans are given to small business owners living near these banks.

The owners grow their businesses, and pay back the loans in small increments over a few months. When the loan is repaid, you can take your money back, or reinvest in another small company.

In a world where 80% of humanity lives on less than $10 a day, these micro loans can make a huge difference to families and communities in less fortunate parts of the world. Kiva is a hugely successful and reliable program working to alleviate poverty in practical and personal terms.

Click here for more information.

Please consider reading some of these and lending $25 (or more!)...

~ you can change someone's life.