Saturday, January 20, 2007

Here's a better way to spend your money than donating it to the Clinton campaign

Kiva.org is a non-profit microfinance outfit that allows internet users to make loans as small as $25 to individual small businesses in low-income areas around the world. When the funds for a particular loan are met, they are then used to start up a business, and the amount (usually between $500 and $3000) is paid back to kiva.org - and the internet users who provided the loans - over time. To date, kiva.org's loan-repayment rate is 100%.

No comments: