I received a Gift Certificate from a friend for Christmas this year and this made it possible for me to make a loan to someone in Nigeria using a revolutionary new website called Kiva (www.kiva.org).You can go to Kiva's website and lend to someone across the globe who needs a loan for their business - like raising goats, selling vegetables at market or making bricks. Each loan has a picture of the entrepreneur, a description of their business and how they plan to use the loan so you know exactly how your money is being spent - and you get updates letting you know how the entrepreneur is going.
The best part is, when the entrepreneur pays back their loan you get your money back - and Kiva's loans are managed by microfinance institutions on the ground who have a lot of experience doing this, so you can trust that your money is being handled responsibly.
I just made a loan to an entrepreneur named Modinot Daramola in Nigeria. They still need another $375.00 to complete their loan request of $675.00 (you can loan as little as $25.00!). Help me get this entrepreneur off the ground by clicking on the link below to make a loan to Modinot Daramola too:
Join with me and others in changing the world - one loan at a time.
What others are saying about www.Kiva.org:
'Revolutionising how donors and lenders in the US are connecting with small entrepreneurs in developing countries.'
'If you've got 25 bucks, a PC and a PayPal account, you've now got the wherewithal to be an international financier.'
-- CNN Money
'Smaller investors can make loans of as little as $25 to specific individual entrepreneurs through a service launched last fall by Kiva.org.'
-- The Wall Street Journal
'An inexpensive feel-good investment opportunity...All loaned funds go directly to the applicants, and most loans are repaid in full.'
-- Entrepreneur Magazine