Saturday, October 20, 2007

Kiva Micro Loan

After doing some research about various charitable organizations, I participated in a micro loan toady through Micro-loans are small to no interest loans for people who generally don't have collateral necessary to get loans from larger institutions. It was a model advocated by Muhammad Yunus for which he was awarded a Nobel Peace Prize.

Kiva is a non-profit that facilitates micro loans to small entrepreneurs. A pharmacist in Tanzania is requesting a micro loan of $550 to restock and expand her business. If you think this is a worthwhile investment, click here for more information, and please consider joining me in helping to fund this project.

1 comment:

Kenneth R. Morefield said...

This project is now fully funded, but there are many more worthwhile projects awaiting micro loans at this site.