Thursday, January 23, 2014

Kiva

This week I made my first Kiva loan.  It has been on my list for a couple of years, ever since I read about it in a magazine.  I love the idea.  You can give as low as $25 and help fund a loan for someone who needs money for various reasons.  When your money is repaid, you can use the money again to fund another loan.

I spent quite a bit of time trying to decide who I wanted to fund.  I wanted a loan that was almost fully funded (because my donation wasn't enough to make much of a dent!) and I wanted to only fund women, and I wanted it to be used for a business of some sort so that the person was going to be able to make money with the loan.

I ended up finishing off two loans, a woman in Tajikistan who is purchasing clothes to resell, and a man from Mongolia who builds gers (yurts) for a living.  Yes, he's a man, but he impressed me with his story.

Check it out for yourself, www.kiva.org