Last year I wrote about Kiva, and talked about how much I like donating to this organization. We donate as a business because it’s a great way to support other entrepreneurs who might not have access to the same resources that we have. The small loan (micro loan, really) that we gave around that time was recently paid back in full, which made those funds ready to donate to another entrepreneur. Which got me thinking…
We’ve been working on a building project here, planning a new work space, and when I think about everything that’s involved in that I feel really blessed to be able to make it happen. I realized that I want to give that experience to other business owners more frequently. So when I logged in at Kiva.org again to re-loan the funds in my account, I added more funds. I gave six micro loans yesterday, to entrepreneurs in Ghana, Paraguay, Nigeria, Pakistan, Bolivia, and Kenya! I’m going to keep doing this, and when the funds get repaid (did you know that they have a 98.47% repayment rate to date?) I’ll loan them out again. I’d love to loan $50 (or $75 or eventually $100) each month from my account. I’ll have to build this up a little at a time, of course, but that’s my new goal. I’ll keep you updated here!
“As of November 2009, Kiva has facilitated over $100 million in loans.” I’m so excited to be part of this! I encourage you to visit their site to read about what they do for entrepreneurs all over the world.
What do you think? Please share your thoughts!