*Tech. & Consumer Product Reviews, Business, Global Affairs, and Marketing Writing*
Monday, February 15, 2010
Kiva: Lending to Entrepreneurs in Developing Countries
This is an inspiring website that I would recommend all to visit. Kiva The goal of this website is to connect people throughout the world and hopefully to convince you to loan money to an underprivileged individual or group for entrepreneurial progress. Kiva works with micro-finance companies to ensure that your money reaches its intended target group/individual. Each person that is listed on this site has some kind of small localized business operation, but they do not have the funds to operate it. This is where Kiva comes into play. Kiva places the profile of these people on their site along with how much each individual is hoping to be lent. For example: I lent $25 to a woman in Lebanon this morning who is looking to buy a new sewing machine. The following link is who I have lent to. Neamat from Lebanon Her goal is to reach $1200. She will then have approximately 14 months to pay back my $25 lend. This is a good and direct way to help people in developing countries with their own business dreams. The site shows how much progress is being made for each individual. This is not a scam site, but has been proven to work. My entrepreneurship professor, Dr. Ed Petkus showed me this about 7 months ago. He has lent to some people before and has received his loan payment back. Visit the Kiva link to check out more information on these "loans that change lives." Participate and donate to your individual or group of choice to help their endeavors.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment