I stumbled across Kiva.org a couple of years ago, but failed to sign-up due to problems with my Paypal account, now fortunately rectified.
What a great use of technology to aid the world’s less well off would-be entrepreneurs (and actual ones.) Kiva.org (www.kiva.org) is an online system based in San Fransisco that unites anyone willing to make small interest free loans to entrepreneurs in some of the worlds poorer countries.
Am struggling to embed a sweet little film, that traces a $25 loan made in London to the recipient in Cambodia, but you can access it here.
Unlike a charitable gift, the loan is repaid (typically between 6-18 months) putting the money back into the lenders paypal account, which can then be withdrawn or hopefully re-lent to another worthy borrower.
So far around 400,000 people have received loans helping them set up or expand their small business. $150 million lent and people in 200 countries benefited.
Take a look, the interface is very easy to use and apart from being tempted to help you might get a rush of gratefulness for how lucky we are.
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