Sunday, April 01, 2007

In the Banking Business

Shira read a Time Magazine article about Kiva.org, an organization that allows people to make microcredit loans to others.

Unlike other groups that get the general public involved with microcredit, Kiva actually treats your money as a loan, not a donation. And, provided the business you fund is successful, you'll get paid back. In other words, you aren't just helping the microcredit process, but are actually playing the role of the banker.

This was too cool not to try out.

So, if you make it to Kisumu, Kenya, and you need any carpentry work done - please look up Anthony Wafula. I bet he does great work, and the people lending him money to expand his business are really nice folks.

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