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Kiva loan

Posted by ams on Oct 15, 2008 in Kiva

Hi!

I just made a loan to someone in the developing world using a revolutionary new website called Kiva (www.kiva.org).

You can go to Kiva’s website and lend to someone in the developing world who needs a loan for their business – like raising goats, selling vegetables at market or making bricks. Each loan has a picture of the entrepreneur, a description of their business and how they plan to use the loan so you know exactly how your money is being spent – and you get updates letting you know how the entrepreneur is going.

The best part is, when the entrepreneur pays back their loan you get your money back – and Kiva’s loans are managed by microfinance institutions on the ground who have a lot of experience doing this, so you can trust that your money is being handled responsibly.

I just made a loan to an entrepreneur named Mohammad Ashraf Gulam Jan in Afghanistan to help him build his house. He still needs another $1,000.00 to complete his loan request of $1,075.00 (you can loan as little as $25.00!). Help me get this entrepreneur off the ground by clicking on the link below to make a loan to Mohammad Ashraf Gulam Jan too:

http://www.kiva.org/app.php?page=businesses&action=about&id=69435

It’s finally easy to actually do something about poverty – using Kiva I know exactly who my money is loaned to and what they’re using it for.

Join me in changing the world – one loan at a time.

Thanks!

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What others are saying about www.Kiva.org:

‘Revolutionising how donors and lenders in the US are connecting with small entrepreneurs in developing countries.’
– BBC

‘If you’ve got 25 bucks, a PC and a PayPal account, you’ve now got the wherewithal to be an international financier.’
– CNN Money

‘Smaller investors can make loans of as little as $25 to specific individual entrepreneurs through a service launched last fall by Kiva.org.’
– The Wall Street Journal

‘An inexpensive feel-good investment opportunity…All loaned funds go directly to the applicants, and most loans are repaid in full.’
– Entrepreneur Magazine

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