I want to let you all know about a cool non-profit that is doing great things: Kiva.org
Kiva.org allows individuals to make $25 loans to low-income entrepreneurs in the developing world (microfinance). By doing so, individuals like you provide affordable working capital for the poor (money to buy a sewing machine, livestock, etc.), empowering them to earn their way out of poverty.
It's a new, direct and sustainable way to fight global poverty, and the way I see it, I get a higher return on $25 helping someone build a future than the interest my checking account pays.
Anyways, if you have a minute, please check out the site: http://kiva.org. If you need more "reputable" validation than my recommendation :), know that they have received great press in publications ranging from The Wall Street Journal to NPR to BusinessWeek.
Thanks for reading!
It's pretty awesome, I always recommend it. It only costs you the opportunity cost of not investing the money.
I also loan through Kiva. It's very cool. You're able to read a short business plan from the entrepreneur, and choose whom to loan to. You'll then receive regular updates about the progress of the business.
A cool way to touch someone else's life this Christmas...
I will definitely loan once they add more businesses (says all of them are funded, which sounds good to me).
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