Kiva.org – “ Small Actions Making Huge Differences
You may have looked over to the middle column on this page and noticed a little green ad called Kiva – “ Loans That Change Lives. You may have wondered, “What's that?– Well, we're glad you asked. Kiva is an organization that closely mirrors what we are doing here at Progressive Wednesday, making big differences with small actions. Through them anyone with $25 and a PayPal account can lend that money to an entrepreneur in a developing country to help start or revive a small business. In their own words:
Kiva lets you connect with and loan money to unique small businesses in the developing world. By choosing a business on Kiva.org, you can “sponsor a business” and help the world’s working poor make great strides towards economic independence.
From Ecuador to Kenya, farming to cosmetic sales, hundreds of poverty level entrepreneurs have been able to open and maintain a small business and enabled them to support themselves and their families. It's also proven to be a very safe investment for the lender. At the time of this post repayment of loans was at 100% (though that's not why you do it). So check'em out at Kiva.org and make a world of difference to someone a world away.
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