Showing posts with label Where Your Money Goes. Show all posts
Showing posts with label Where Your Money Goes. Show all posts

Thursday, April 15, 2010

Where Your Money Goes - Kiva.




Since we're all about giving 'round here, each month I donate a portion of profits to a worthy cause. Since this money is really yours, I thought you might like to know where it went and what it does. So every once in awhile, I'm going to pop in here and highlight a charity or cause that you and your money is now helping to support.

This month, actually the past few months, I've been giving to Kiva. If you've never heard of it, get your buns on over to their website and check it out. You'd be hard-pressed to find a more worthy cause. I get all excited just thinking about the amazing work they do!


Kiva is all about facilitating microfinance between people like you and me and entrepreneurs in the developing world, thereby creating a global lending community. The gist is this: you go on Kiva's website and find an entrepreneur you'd like to support. You donate some money,the money is distributed by Kiva's field partners, and as they build their business they pay you back. You can then reinvest the money in another entrepreneur. Pretty cool huh? The process promotes dignity, accountability and transparency, and allows someone in the developing world to change their life. And, almost 83% of loans have been distributed to female entrepreneurs. Go ladies!

I hope you're inspired to give more to Kiva. Its a sustainable, sensible way to help and your heart can feel happy knowing that you've helped someone help themselves.


*All images courtesy of Kiva.org