Showing posts with label microlending. Show all posts
Showing posts with label microlending. Show all posts

Monday, May 18, 2009

Look at how this Micro Loan thing WORKS!!!

Hi everyone... i decided to put an email sent to me below. Reading this email just made me smile because of how much sense this model makes! It is so easy to participate in this and make a HUGE difference for people with an almost insignificant amount of money (like $25 or more). Just check out the below and see what i am talking about!


Hi Fred Busch,
We'd like to give you a repayment update on the loans you've made
through Kiva.

A total of $3.57 has been repaid over the past month! As of 2009-05-17,
you now have $7.14 in Kiva Credit in your account.

Click here to re-lend, withdraw or donate these funds! (The minimum
lending amount is $25, but you can easily add new funds to existing Kiva
Credit to complete a loan purchase.)


Below is the repayment update on your Kiva Portfolio:
-------------------------------------------------------------------------------
Gladys Nimako in Ghana (Activity: Food Production/Sales)
You Loaned: $25.00
Newly Repaid: $3.57
Total Repaid So Far: $7.14 (28.56% of your loan)
View loan profile at:


To view your Kiva loan portfolio go to:


Want to receive these updates more/less often? You can change the
frequency at which you receive repayment updates under Kiva Email
Preferences:


If you have any questions, you can find our Frequently Asked questions
and our contact info at the Kiva Help Center:
http://www.kiva.org/about/help?_te=ru .

Best Wishes,
Kiva Staff

Saturday, February 7, 2009

Kiva Microlending

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 Gladys Nimako in Ghana. They still need another $475.00 to complete their loan request of $525.00 (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 Gladys Nimako too:

http://www.kiva.org/app.php?page=businesses&action=about&id=87671

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. And most of all, I know that I'm helping them build a
sustainable business that will provide income to feed, clothe, house and educate their family long after my loan is paid back.

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