Tuesday, July 17, 2007
Justine Hofman sends fortnightly tips about simple ways to live a little greener. They are simple, effective and very welcome! Her last email was about http://www.kiva.org, a fantastic organisation I had never heard of (but am very happy to now!), as Justine says:
"Let me introduce you to Kiva (www.kiva.org), a website that enables you to become a micro-lender and help change the life of someone in a third world country for the same as it costs to eat pizza at Mr Wolf.
Kiva enables you to give a small loan to a budding entrepreneur who wants to move out of poverty and into a better life. The website lists people in need of a loan and you can lend as little as $25. Repayment is usually within 6 – 12 months and throughout the loan period you get journal updates on the business you've sponsored. You can also loan to a number of people at any given time.
I've been loaning through Kiva for almost a year and so far my loan to Dorcus Kihumpwa in Kenya has helped her to buy 4 Steers to rear and sell. Rosita Novedafes in Mexico has used my loan to buy more stock for her shop to grow her business and the loan to Fifty Nahr in Gana has meant she can design new textiles to sell in her local market. Once the loans are repaid, I plan to reinvest the money into another business.
Kivas truly is a brilliant concept and while you might not win a Noble Prize for you efforts like micro-credit pioneer Muhammad Yunus, believe me you'll feel like you have!"
Shared by Georgie Love at 12:25 PM