KIVA … update APRIL, 2011
At Christmas time in 2008 I invested $50. That was the amount it cost me to loan to a couple in Cambodia and to a woman in Togo.
Then my children gave me $100 for my birthday in 2009 and I loaned to 4 others.
These three represent Bolivia, Peru and Sierre Leone.
Now I can hardly believe how this has “snow-balled”. At last count I have enriched the lives of 33 needy entrepreneurs without loaning another dime of my own money. I have merely reinvested when the loans have been repaid although I have the option to withdraw my money if that were my choice.
It’s a win-win situation and so different from the handouts that some people have come to expect. I have a blank map of the world and, as I write in the countries where my loans go I receive a history lesson as well. Now I can locate such exotic places as Azerbaijan and Tajikistan and visualize my $$ going to work there.
I find this a very fulfilling venture and I know that at least two of my blogger friends, AC and Philip, think so too.
I hope you will check out the KIVA website. I’ll bet you’ll get hooked just as I have.