11.30.07

Kiva microloans

Posted in Daily life, Philanthropy tagged at 8:57 am by LeisureGuy

One great Christmas present for young people, I think, is a Kiva credit that they can use to make a microloan: you buy the credit, they get to choose the recipient of the microloan (up to the amount of the credit) and they get the regular reports on how the person is doing. For example, just this morning I learned that the microloan to this person has now been fully repaid. So now I can withdraw the funds, or reloan them to some other recipient(s), or donate them to Kiva. It’s extremely satisfying, and I highly recommend making Kiva microloans a part of your holiday giving. www.kiva.org

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