I just made two Kiva loans this month. One was to the Nueva Esperanza Group (Paraguay) and the other was a woman in the Ukraine.
I recommend Kiva – www.kiva.org
“Kiva Microfunds (commonly known by its domain name, Kiva.org) is an organization that allows people to lend money via the Internet to microfinance institutions in developing countries around the world and in the United States, which in turn lend the money to small businesses and students.[2] It is a 501(c)(3) non-profit organization[3] headquartered in San Francisco, supported by loans and donations from its users and through partnerships with businesses and other institutions.[4] Kiva itself does not charge any interest; the loans made by Kiva members are passed interest-free to the independent field partner servicing each loan. These interest rates are disclosed and are discussed in the relevant section on the Kiva website and in this article below…”
Comments