Paying Forward
Although $500 might be a fraction of a typical holiday gift budget, for folks seeking loans from Kiva, it can mean the difference between success and a life trapped in poverty. Kiva matches donors with borrowers looking for small loans, whether farmers trying to get equipment or professionals looking for additional funds. Once paid back, you can cash in your loan…or let it ride forward to help others; Kiva.org.
Bigger Picture
For World Vision, micro loans are only part of the equation. The organization also works to help create healthy, sustainable communities, providing clean water, good food, healthcare and education. Pick an entrepreneur whose story appeals to you and help fund all or part of their loan. You’ll continue to read about their progress as the loan is repaid, and your contribution is recycled to help others; WorldVisionMicro.org.
Sound Investment
Microplace encourages those of us with cash to spare to diversify our portfolio — by including loans to projects aimed at helping the working poor. Unlike some other sites, loans made through Microplace actually do earn interest, and at a respectable rate. Receive quarterly interest payments and maturities while your money helps to create new opportunities for the less fortunate around the world; Microplace.com.
Helpful Promise
For many struggling entrepreneurs, finding the credit to help them get a loan through conventional means is next to impossible. That’s where you come in. Through United Prosperity, you can pledge to guarantee all or part of the loan of a small business from a less fortunate country. Best of all, the organization helps by contacting local banks to free-up much-needed capital; UnitedProsperity.org.
