
Just made my first ever Kiva "donation". Kiva is the middle man between you and someone around the world who needs a small loan. You can donate as little as $25, or as much as you'd like. Either way, you're helping someone you will probably never meet become a little richer as they use the money you lend (not really a donation since you get it back) to build up a business. As their business gets stronger, they eventually make payments back to you.
Want to help the woman in the picture? Her name is Lhagvasuren Togtokh and she lives in Mongolia where she sells firewood. Her donation page and info is here. Only $300 left until she gets sent the money she needs!
One of my favorite quotes ever is, "It is in giving that you receive." With Kiva's online statements, the proof is in the pudding. Pay $25 now, help someone out, receive $25 later. Awesome.
And for more on the concept of microfinancing, check out Vandy grad Muhammad Yunus.
Tree bombs.
EDIT: Holy crap. Only a few hours after I donated, Lhagvasuren is now completely funded and will be receiving her microfinance loan immediately. Over the next 20 months I'll be receiving reimbursement. Hello $2/month income!
No comments:
Post a Comment