Showing posts with label micro credit. Show all posts
Showing posts with label micro credit. Show all posts

Monday, August 4, 2008

How to Start Micro Lending with Kiva.org

Have you ever asked how you can help end suffering of empoverished people in distant lands? Thanks to innovations of social entreprenuers like Matt and Jess Flannery you can easy loan a small but, vital amount to a growing small business.

A list of entreprenuer represented by a micro credit institution are listed ranging store owners to fishermen. As a lender you chose one and select the amount you wish to lend. Boasting a 99.7% collection on loans you will be able to re-loan the amount.

According to internet statitics, as of July 27, 2008, Kiva acquired around $37,281,060 in loans from over 320,425 lenders. Funding a total of 52,847 loans. It is estimated that the average loan size is about $480.44

Kiva.org is a social venture enjoying great success. It has quickly become one of the most visited sites on the web. It's clean simple design, clear instructions, and personification of micro-lending has fueled its burning success and allowed thousands of people to make a difference.

Visit kiva.org to start micro-lending.

Monday, May 19, 2008

Banker to the Poor

I recently read the inspiring story of Muhammad Yunus recorded in the New York Times BestSeller "Banker to the Poor". This book concreted in my heart a desire to be actively involved in changing the world. Working within his circle of influence Muhammad has been able to create a social venture that has affected the lives of millions of people in many countries. Detailed in this book are the highlights of Muhammad Yunus traits that have enabled him to create lasting social change. Also the book details the challenges face by his organization the Grameen Bank.


This is a book that will change you. It will change your heart, thoughts, and actions. Realizing that we are all empowered. We can make changes. We need to support programs that are succesfully running micro-credit and micro-franchising.

Realizing that he can act and can make a difference lead Yunus to create on the most successful social venture of all time. I highly recommend reading his story.