Sunday, February 6, 2011
$25 Microloans Fight Poverty & Change Lives
I have been investing in small business women for several years now. Today, many loans had been repaid, so I turned the money around and re-lent it to others.
Meet the Kayonza Twimuke Group of Kyenjojo, Uganda. One of their members, Anna, needs a microloan to buy beans for resale. The Group has eleven members and all work together to guarantee the loan will be repaid. Anna is a farmer and has been in business for the last four years. Her desires include educating her children and building a permanent house.
Join me and a world-wide community dedicated to combating poverty on http://www.kiva.org
Kiva allows you to make small loans to entrepreneurs on five continents, leveraging just $25 to change a life.
Microloans allow people to help themselves; microloans are not a hand out, but a hand up -- I am a business partner with these people, and they are hard working.