Kiva.org – Technology bridging the poverty gap.
Thanks to Jimi for the heads up! Social entrepreneurship is a concept that is and will make a real change in this crazy, unfair, poverty stricken, wonderful world in which we live. Instead of tossing a few coins to people in the street as a way of assuaging your guilt, send the money to these people instead!!
It’s an awesome concept although our mind immediately imagines some corrupt 411 scammer milking it. Kiva is a website that matches up those in need of funding with those who have money they’d like to invest in something meaningful in the developing world… What’s really interesting is that it is a LOAN and that you, as the kind loanee will receive updates on how your investment is going and ultimately you will be PAID BACK – brilliant. They put it best:
Kiva.org is the world’s first person-to-person micro-lending website, empowering individuals to lend directly to an entrepreneur in the developing world. By combining microfinance with the internet, Kiva.org is creating a global community of people connected through lending.Kiva.org’s mission is to connect people, through lending, for the sake of alleviating poverty.
http://www.kiva.org/