Science . Health . Nutrition
Kiva

A lot of people I speak to still haven’t heard of Kiva, it started in 2004 and is a website that gives the opportunity to lend money to people all over the world. These loans are different because they are interest free and they give someone a real chance to do improve their business without the worry of debt building up.

This video was the first thing I watched after discovering Kiva and I think it explains it perfectly.

I’m especially interested in the agriculture loans as these not only allow a family to eat well, but also gain extra money to send their children to school. Here are a couple of examples: Sona’s Group and Nout’s Group.

People are so eager to help; I had a look at specific loan requests a few days ago and the three I clicked on have now been fully funded! I think microfinance is such a great thing, people in poverty don’t need to rely on aid and can really make something of themselves. So if you have the money, I encourage you to spend it on something really worthwhile.

I chose now to mention this as a book has just been published by a man who put a lot of money into Kiva loans and decided to follow each one. The book is called The International Bank of Bob and here is a  Link if you are interested. I for one cannot wait to read it.

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    The beautiful thing about microloans is that you’re giving someone the opportunity to bring people out of poverty AND...
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    incidentally, i went and checked and kiva itself is a nonprofit, but that doesn’t change the ridiculous interest rates...
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