this is a great idea: kiva raises micro-loans - down to as little as $25 - for starting businesses in developing countries. (the money seems to go straight into the loan, not into funding the organization overhead.)
When interviewing entrepreneurs about their standard of living, one simple question she would ask was, "Can you afford to take sugar with your tea?"
the worst case is that the business can't make it - the you donated a tiny amount of money and helped some families get by for another few months. either way, it's a win-win. but as i said, that's the worst case. usually you should get your money back after a year or so, plus a little interest.
the cool thing, though, is that you can actually see quite detailed where your money goes, and how it helps an east african entrepreneur set up his shop and maybe lift his family out of absolute poverty.
read the about, it's worth it.
[via die romantische komödie]
When interviewing entrepreneurs about their standard of living, one simple question she would ask was, "Can you afford to take sugar with your tea?"
the worst case is that the business can't make it - the you donated a tiny amount of money and helped some families get by for another few months. either way, it's a win-win. but as i said, that's the worst case. usually you should get your money back after a year or so, plus a little interest.
the cool thing, though, is that you can actually see quite detailed where your money goes, and how it helps an east african entrepreneur set up his shop and maybe lift his family out of absolute poverty.
read the about, it's worth it.
[via die romantische komödie]
peterb - 2. Nov, 00:39
