Kiva.org – Loans that change lives

For those with a budget and a conscience:

Kiva.org lets you connect with and loan money to unique small businesses in the developing world. By choosing a business on Kiva.org, you can “sponsor a business” and help the world’s working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the business you’ve sponsored. As loans are repaid, you get your loan money back.

Kiva partners with existing microfinance institutions. In doing so, we gain access to outstanding entrepreneurs from impoverished communities world-wide. Our partners are experts in choosing qualified borrowers. That said, they are usually short on funds. Through Kiva.org, our partners upload their borrower profiles directly to the site so you can lend to them.

I fell for it, how about you?

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2 Responses to Kiva.org – Loans that change lives

  1. Dave says:

    I think it’s a great model, I’m on board, and plan on giving gift certificates for christmas.

  2. Zoran Kovacevic says:

    cool! for next year i am also considering gift certificates for my customers

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