As most of you are aware the Nobel Peace Prize this year was awarded to Muhammad Yunus for his work in making micro-loans to the poor around the world.
You do not have to be Yunus to do this work.
Hi Will!
I just made a loan to someone in the developing world using a revolutionary new website called Kiva.
You can go to Kiva’s website and lend to someone in the developing world who needs a loan for their business – like raising goats, selling vegetables at market or making bricks. Each loan has a picture of the entrepreneur, a description of their business and how they plan to use the loan so you know exactly how your money is being spent – and you get updates letting you know how the business is going.
The best part is, when the entrepreneur pays back their loan you get your money back – and Kiva’s loans are managed by microfinance institutions on the ground who have a lot of experience doing this, so you can trust that your money is being handled responsibly.
I just made a loan to an entrepreneur named Benita Verastegui Rodriguez in Mexico. They still need another $375 to complete their loan request of $925.00 (you can loan as little as $25.00!). Help me get this business off the ground by clicking on the link below to make a loan to Benita Verastegui Rodriguez too:
It’s finally easy to actually do something about poverty – using Kiva I know exactly who my money is loaned to and what they’re using it for. And most of all, I know that I’m helping them build a sustainable business that will provide income to feed, clothe, house and educate their family long after my loan is paid back.
Join me in changing the world – one loan at a time.
Thanks!
Bob Whitson
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What others are saying about www.Kiva.org:
‘Revolutionising how donors and lenders in the US are connecting with small entrepreneurs in developing countries.’
— BBC
‘If you’ve got 25 bucks, a PC and a PayPal account, you’ve now got the wherewithal to be an international financier.’
— CNN Money
‘Smaller investors can make loans of as little as $25 to specific individual entrepreneurs through a service launched last fall by Kiva.org.’
— The Wall Street Journal
‘An inexpensive feel-good investment opportunity…All loaned funds go directly to the applicants, and most loans are repaid in full.’
— Entrepreneur Magazine