Help someone with a Kiva loan

December 5th, 2005

Want to help people in the developing world who are trying to make something of themselves?

There is an organization called Kiva which has a really interesting idea. They help you lend a small amount of money to a rural African businesses. The borrowers repay the money that was lent to them, plus some interest. Kiva uses the interest to fund Kiva’s barebones operations. You get back the money you loaned in full after a number of months, without interest.

So in effect, you can use Kiva to take your money and loan it to a third world business. It doesn’t require much from you, you are likely to get your money back, and it can really change lives. Check out some of the businesses that have been funded here.

This entry has been filed under business, issues.