Thursday, July 26, 2007 Loans To Entrepreneurs In Developing Countries

The next time some S.O.B. from the Democrat or Republican Party calls to solicit a Campaign Donation, tell them where to go ( you know where ) and do something useful with your extra cash. makes it easy for you to make micro- loans to the working poor in Developing Countries.

From their site:

By choosing a business on, you can "sponsor a business" and help the world's working poor make great strides towards economic independence.

Twenty Five Dollars might buy you a new pair of sunglasses or a used light stand, but the same amount could help some man or woman in a developing country start a life-changing business. Each Kiva Sponsor is pre-screened and counseled on good business practices and the stats on the repayment of loans make American Borrowers look like swindlers. The micro - loans are disbursed by local Kiva Field Partners who must have an established history of accountability and credibility with Each sponsored business repays their debt thru the Field Partner who is held accountable for maintaining a journal of progress for each loan recipient. When the loans have been repaid, the Field Partner returns the funds to the lender ( You ) who may withdraw his funds or re-loan.

Personal Note: I would describe myself as a hard- core, Ronald Reagan, pull yourself up by your bootstraps kinda guy. This organization has met my standards for the "Teach a man to fish" life Philosophy.

Check it out.