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.
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