Showing posts with label loans. Show all posts
Showing posts with label loans. Show all posts

Friday, August 20, 2010

Helping People to Help Themselves

If you have read my other blog, you may know that I am an enthusiastic supporter of and volunteer editor with Kiva, a non-profit microfinance organization dedicated to helping people in various parts of the world help themselves.

The concept of Kiva microfinance is surprisingly simple: by circumventing the often arcane and corrupt machinations of governments and working directly with lending institutions in developing countries, the micro financier reads online the loan request of the entrepreneur, and for as little as a $25 loan, can help that entrepreneur meet his or her loan goal for purposes that can range from buying more chickens for a poultry-raising business to buying more seeds for a farm.

Kiva's motto: Loans that Change Lives, is an accurate description of the possibilities for the incremental improvements in living standards through microfinance.

I hope that you will visit their site.