My cousin Lise introduced me to KIVA, an international pay-it-forward opportunity. KIVA is a
non-profit 501(c)(3) organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $25 to help create opportunity around the world in 59 different countries. Learn more about how it works.
Since Kiva was founded in 2005:
602,675 Kiva lenders
$232 million in loans
98.79% Repayment rate
I've made two $25.00 loans. Well, actually, I made one $25.00 loan for an agricultural project in Ecuador. That was repaid in full, so I reinvested it by making another loan to a 52-year-old widow who lives in a yurt in Mongolia and sells used clothing. (You can pick your projects.)
From now until August 13, KIVA is sponsoring 4,000 "free" $25.00 loans. If you use this link, and you are one of the first 4,000 to sign up, a $25.00 loan will be made in your name, and you don't have to pay a dime. You'll see how "your" loan is used, and you'll be notified of your loan recipient's progress.
Here is a link that will tell you more about it:
Here's a video link from ABC News: http://abcnews.go.com/video/playerIndex?id=7801871
LeAnn aka pasqueflower