Tuesday, July 28, 2009

Kiva Diva

What do you mean you don't know what Kiva is? Okay, I admit. I didn't either. Not until Blake, tech-o extraordinaire from work and bringer of all things philanthropic, brought the Web site's existence to my attention.

Kiva = loans that change lives

Instead of simply donating money to a cause, you invest a certain dollar amount (can be $5 or $500) in an entrepreneur somewhere in the world as a loan. The entrepreneur makes good on the loan, paying it back so you can then reinvest in a different entrepreneur to help him/her until they can pay it back, and so on.
Get it?

For further clarification, here's their shpiel: Kiva's mission is to connect people through lending for the sake of alleviating poverty.
Kiva is the world's first person-to-person micro-lending website, empowering individuals to lend directly to unique entrepreneurs around the globe.

I'm off to empower the people; happy lending, tell a friend!!

1 comment:

Benjamin said...

You've been busy! Good work!