I'll let a website do my talking for today's entry. I just re-invested $25 for a new loan in Cambodia and had the system send this email to my blog. If you've got $25, don't waste it on silly plastic Christmas ornaments, put it to work with a Kiva loan.
Hello!
I just made a loan to someone in Cambodia using a revolutionary new website called Kiva (www.kiva.org).
You can go to Kiva's website and lend to someone across the globe 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 entrepreneur 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 Saret Soem in Cambodia. They still need another $225.00 to complete their loan request of $300.00 (you can loan as little as $25.00!). Help me get this entrepreneur off the ground by clicking on the link below to make a loan to Saret Soem too:
http://www.kiva.org/app.php?page=businesses&action=about&id=154037
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!
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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
Check it out!
https://www.kiva.org/app.php?page=register&_isc=e23e5bdc-e018-11de-af8e-35e4d99458fd&_te=inu
