09.24.06
Question on Kiva
A sometime correspondent recently emailed me to ask whether I had actually made any loans through Kiva, and how well it worked if I had.
I’ve made quite a few loans through Kiva. Reading the stories of the struggling entrepreneurs in Honduras, Bulgaria, Uganda, Cambodia, and other countries, one is irrestibly drawn to making a loan. A small loan of $25 to $50 can be a big help, and you regularly get reports of how they are doing.
It’s very easy to make a loan: you can use your credit card, and it’s just like an on-line purchase—only it does more good.
When the loan is fully repaid, you can make new loans with that money, or donate it, or get it back.
Take a look. It’s a fine way to help.
The Eldest said,
24 September 2006 at 4:16 pm
I just gave a gift of $100 in Kiva credit for a Bar Mitzvah boy. He can choose how to invest his $100, and after it is paid off, he can either take the money out and buy something for himself or he can reinvest it. Parents were pleased, kid thought it was cool. A very satisfying gift.
Janice Ellington said,
25 September 2006 at 2:28 pm
Another wonderful way to teach the young while allowing them to experience the pleasure of doing for others. I have to write this one down! Thanks Eldest