I have been contributing to Kiva ever since I noticed a tweet from Padmasree Warrior (@padmasree) Cisco’s CTO mentioning the micro-finance site. Getting a business loan in the western world is tough enough, it’s pretty impossible in the third world. So that’s where micro-finance can help. Kiva collects lots of $25.00 “investments” from lenders (don’t expect the money back, but when it gets repaid, you can reinvest) and bundles them up into small loans for entrepreneurs with small agricultural, retail or manufacturing businesses.
Have a look and join Kiva for the holiday season.
Pingback by Tweets that mention Make a difference $25 at a time | The Hot Aisle -- Topsy.com on 13 November 2009:
[...] This post was mentioned on Twitter by Steve O'Donnell, Robert Schlotzhauer. Robert Schlotzhauer said: @stephenodonnell: nice post – what Kiva does is terrific. RT @stephenodonnell: New hot aisle post: Micro-finance http://bit.ly/yPREy [...]