Kiva - loans that change lives
 

I'm a loaner.

After my trip to Cambodia in the summer of 2006 I was moved to get involved.  People think Angelina Jolie adopted a Cambodian child for publicity but after my short time there I was moved to do something too.  If I had her means I might have done the same thing and I can certainly understand her motivation.

When I got back to The States I found the website for the landmine museum and college fund that was being run by a former Khmer Rouge soldier.  I began emailing  with a Canadian named Roy who was living in Siem Reap and helping out with the website and administering the operation.  I volunteered my services to fix up the website and I was on a list to put a landmine victim through college.  It wouldn't have cost me much more than $300 for the year!

I was really excited about the idea of helping out on a personal level.  I had visited the museum - really just a shack with defused mines - and felt a connection to the place.  Rather than just sending my money to some charity I'd have been corresponding with the kid I sponsored.  In March of 2007 I was shocked to learn that the Akira, the soldier, was in effect retiring and moving, thereby closing the museum and ending the college fund (all the money was returned).  A few days later I saw this column in the NY Times (may require a subscription).   In it Nick Kristoff writes about microfinance and singled out Kiva.org as one of the best places to participate.

Kiva.org allows individuals to make $25 loans to low-income entrepreneurs in the developing world (microfinance). By doing so, individuals provide affordable working capital for the poor (money to buy a sewing machine, livestock, etc.), empowering them to earn their way out of poverty.   It's a new, direct and sustainable way to fight global poverty, helping someone build a future and avoid dealings with local lenders who charge thriple digit interest rates which makes upward mobility an impossibility.

This page is just my way of spreading the word.  If this sort of thing interests you, check out their site or visit my lender page.

 

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