Posts Tagged ‘micro loans’

365great Day 131: Kiva

laelene Posted in 365great,Tags: , , , , , , ,
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365great challenge day 131: kivaIt’s been years since I first started loaning on Kiva and it has been a rewarding experience. How cool is it that through the power of crowd-sourcing, we can help fund an entrepreneur or small business owner’s dream? At the same time, we’re not just giving handouts and the money will (usually) be paid back in full. So we empower them to improve their lives while ensuring they work hard to earn their keep. I’m so glad micro loans exist and they’ve become an important part of the world economy, supporting so many small businesses out there. Not everyone can get a loan from an institution like a bank, but that doesn’t mean they don’t deserve a hand. Plus, once you get your loan paid back, you can recirculate the money to help someone else. For a mere $25 I’ve been able to help out 5 people already and I know that number will only continue to grow. That’s really rewarding! It’s a great system that I’m proud to be a part of.

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