Kiva .org is microfinance peer-to-peer capital riasing organization focusing on impoverished area's of teh world. It is a very, very cool idea. I recommend everyone "lend" some money.
Anyway, one of the people I helped finance, has made their first loan re-payment. Which is pretty cool, to think that down in Honduras, I helped finance a loan, they've used the money and now they are paying it back.
I'm new to the kiva.org thing, so this is my first loan payment I've recieved, my cut is only $2.11, but I only finance $25....anyway, its pretty neat to be part of an economy so far away, trying to help beat poverty by helping small business grow as opposed to straight charity.
Wednesday, December 06, 2006
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment