Sunday, June 8, 2008

New Loans at Kiva

Kiva is an organization i have been a part of for a little over a year now. It is one of those fantastic organizations that give you the ability to make a real difference in this world. I have always wished i had a large sum of money to donate to causes i felt strongly about. Well, so far that hasn't happened...yet! But with Kiva, your money is pooled together with other donors so that small businesses in other parts of the world have a chance to get off the ground and thrive. For as little as a one time $25.00 donation, you can help a woman in a very hard situation in a very poor part of the world become a successful business owner, and help to feed her family. Your money is loaned out for a specific amount of time-anywhere from 4 months to a year and a half. The recipient then pays the loan back monthly in payments they can afford. Each month you are notified whenever a payment is made on your loan. At the end of the term, you are notified that the loan has been fully paid and that you have credit in your account. At that time you can choose to take your money back and keep it for your own use, or re loan it! It is a fantastic concept where everybody wins! Here are some pictures of new and favorite businesses i have had the privilege to support...
Anna paints on fabric
Thou Suk is a weaver of silk
Najma makes plastic flower bouquets for holy days and special occasions

Peregrina is a farmer and raises sheep for fiber, guinea pigs for food

Georgina is a seamstress
I had a hard time choosing which business i would post, as each and every one of them are so important. I am a firm believer in supporting other women, and i believe that if i support other businesses, then my business will be supported in turn. If this sounds interesting to you, check out the Kiva website here


teddybearswednesday said...

Thank you so much the writing about this, I agree it is a fantastic idea. I would definetly like to contribute to this, really thanks so much to posting this

Mare said...

Oh i am so glad the post inspired you! This really is a great organization and i have been working with it long enough to know it is honest and trustworthy too. Please let me know if you do decide to go with supporting a business and how it goes for you! :)