After a comment from a reader (Millionaire Mommy Next Door), I decided to try out Kiva.
Wow was that easy. Signed up. Found a loan. Added my $25 to the loan via paypal (plus a 10% donation to Kiva of $2.50). Start to finish 15 minutes.
I choose to loan to a Samoan. Being a tall large person I have always felt an affinity for Samoans. Like maybe I am a long lost relative or more likely a kindred spirit…
Here is my loan (once it fully funds the banner below will show another random listing in need) — here is a permanent link to my loan:
Asia is a mother of 10 from the village of Asau Savaii, but married to a business man from Mulivai Leauvaa. She joined our program in 2006 when she needed help for her business. She is now applying for another loan to help buy more inventory for her shop and to pay her children’s school fees. Asia is the best saver in our centre and a very good supporter for doing the centre’s guarantees.
Here is my Kiva Lender page: RateLadder on Kiva
I would love to discuss Kiva in more detail on the P2P No Bank Forum, come join the discussion. Registration for the forum is free. Here is the link: register
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2 comments ↓
Awesome! Thanks for paying it foward!!! Kiva does make it very easy and I really like how your money goes directly to the entrepreneur. Unlike most other charitable organizations, you can SEE the recipient of your money- and their intended purpose.
[...] Many things happened over the course of a year that I hadn’t expected. In fact, if you had told me I don’t think I would have believed you. Even in my niche my advertising pricing power is high. And I was able to start LendingClub, Kiva, and Microplace investments. [...]
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