Using the power of the internet, Kiva is a website that lets you loan money (very small amounts of money by Western standards) to small businesses in the developing world. By choosing a business on Kiva.org, you can “sponsor a business” and help the world’s working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the business you’ve sponsored. As loans are repaid, you get your loan money back. Cool idea, huh?
Neat Xmas Present?
November 5th, 2007 ·
Tags: Coxology
