Kiva
Kiva is a very cool site/charity/thing that you should get involved with.
Basically you donate $25, which goes towards a microloan for a small business-owner in a developing country. Once the loan is paid back, then you can withdraw your $25 or loan it out to someone else. The interest collected on the loan goes towards covering the overhead of the organization administering the loan.
Awesome.
Update: there's also the founders blog, The Kiva Chronicles, which is an interesting read.
Basically you donate $25, which goes towards a microloan for a small business-owner in a developing country. Once the loan is paid back, then you can withdraw your $25 or loan it out to someone else. The interest collected on the loan goes towards covering the overhead of the organization administering the loan.
Awesome.
Update: there's also the founders blog, The Kiva Chronicles, which is an interesting read.
posted by Syrrys |
3:36 pm
1 Comments:
Syrrys,
Great site, and thank you so much for the banner link. Please let me know if you have any questions about kiva, and continue to spread the word!
Sheel
Kiva Volunteer
sheel [at] kiva [dot] org
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