Asides
Kiva plug again
I’m getting an unreasonable amount of pleasure from Kiva, previously mentioned. For less than the price of a cheap meal, you can positively and directly affect someone’s life in the third world.
In the current Western economic climate, with obscenely-rewarded bankers demonstrating that their spectacular incompetence is rivaled only by their rapacious greed, it is quite extraordinary to look at Kiva’s own impressive financial performance. They have currently made $25,891,585 worth of loans. The delinquency rate is a mere 3.69%, and the default rate is a microscopic 0.10%. Loans to women entrepreneurs are 76.02%, and the average loan size is $533 (this is comprised of numerous smaller lenders, such as myself).
If the titans of our banking industry weren’t so full of hubris, maybe they could learn something.
On this day…
No other post on this day.
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