Kiva.org - Improve Quality of Life and Loan to Entrepreneurs in 3rd World Countries

**Aletheides** · 07-10-2007 12:37 PM

If you haven´t checked this out yet, you should.

"We let you loan to the working poor Kiva lets you connect with and loan money to unique 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."

So far there has been a repayment rate of 100% according to the article on pbs.

www.kiva.org
http://www.pbs.org/frontlineworld/st...deo_index.html

**jasaunders** · 07-10-2007 12:45 PM

Yes, we have discussed Kiva in previous threads.
Great nonprofit.
I have a couple investments currently on there. All my borrowers have made repayments so far.

**SsZERO** · 07-14-2007 05:03 AM

$325 for a toaster and a blender

Sh1t, for $325 you can have like 10 really hot third world girls do your bidding for at least a week - now that's what I call ROI. Why waste it on a toaster and blender?

**Unreal030** · 07-14-2007 11:30 AM

I would if I didn't need the money for myself lol. Maybe another time. Good nonprofit organization though.

**syia** · 07-14-2007 10:16 PM

great organisation indeed.. i like reading about its founder at iwillteachyoutoberich.com friday entrepreneur interview

**rejoice** · 07-14-2007 10:55 PM

yeah that's one of the organisations we support
awesome stuff

our first loan/donation (as it will be re-invested) was to a lady from vietnam
she wanted to buy beer for her grocery store
you ca read up on her here: http://www.share-peace.com/1/post/20...e-to-kiva.html

love peace and dirty beats