While many of us want to make a difference in the world, sometimes it is difficult to believe that without large amounts of cash the money we invest into charities is really not enough. But now, you don’t have to be Bill Gates or Kerry Packer to make a contribution to social change.
Thanks to an organisation developed by Matt and Jessica Flannery in 2005 you can invest in the wellbeing of a community on the other side of the globe right now. (Read more about Matt and Jessica and the history of Kiva in this article here.)
Kiva is a non-profit transforming the fight against global poverty by enabling people to connect with and make personal loans to low-income entrepreneurs in the developing world. Kiva is a Swahili word meaning ‘agreement’ or ‘unity’ and the organisation is based on the principles of micro credit and micro financing.
Check out this short video about how Kiva works:
I recently made a $25 loan to a young mother, Lanie Rose, in the Phillipines who has a motorcycle transport service. So far there are twenty people, like myself, who are contributing to Lanie’s business. It’s quite exciting, especially seeing as I can visit her page regularly and see how her loan is progressing. Have a look here.
Thanks to one of Kiva’s wonderfully generous supporters, they have provided a significant donation to allow prospective supporters to experience the joys of microlending without making a personal investment themselves. To make a $25 loan for free and get started in the world of microfinance you can use my link at Kiva here. (Please note, I do not make any personal gains from sharing this link, just the knowledge that I’m helping make a difference in the lives of some of the poorest people around the world.)
This Thank You Thursday, we acknowledge Matt and Jessica Flannery, and the entire team at Kiva, for creating first online lending platform to enable the rest of us to make loans that change lives.
See you in the pond,
The Fish Chick.