http://... FRONTLINE/World travels to Uganda to explore the impact of microfinance and, in particular, how one San Francisco-based nonprofit is using the Web to forge a more direct connection between lenders in the U.S. and borrowers in developing countries. For more information go to http://...
having been raped by credit agencies and banks who in the end look for any way they can to bring your credit down and charge more interest i find great joy in lending to the disadvantaged expecting only the reward of their success, not the filling of my pockets on their backs. and when the loan is paid back you roll the $25 over to another person in need. go kiva!!
sirjohnniewalker3rd(October 30, 2008 at 1:39 am)
yea!!! kiva!!!
jaggybee(September 19, 2008 at 2:04 pm)
An innovative extension of the idea of Mohammed Unis, for which he won a Nobel Prize. Not gifts, as stated by one commenter, who apparently didn't bother to watch the video. In fact, close to 100% of the loans are paid back -- a rate of return far better than enjoyed by the credit card conglomerates. My hope is that Kiva will extend the range of this program to include more loan opportunities in North America. A small loan combined with a viable plan can make a huge difference.
jacmcw(July 27, 2008 at 9:27 am)
Right on, kd7iqp!!!
jacmcw(July 27, 2008 at 9:25 am)
LOL, you got that right. It is my new drug of choice!
jacmcw(July 27, 2008 at 9:23 am)
If you cannot get along without the $25.00, think of how tough it is for the person who desperately needs the help.
jacmcw(July 27, 2008 at 9:20 am)
No, you lend it out of the goodness of your heart, and hopefully, re-invest it in another human being when the funds are paid back to you. If you cannot "Give" $25.00 without expecting some financial reward, this may not be the venue for you. Put it in your local bank and collect 1.whatever percent they are paying. This program was designed for TRULY needy and grateful people, in desperately poor communities where a small loan can actually make a world of difference in their lives.
TubeTutorials(July 24, 2008 at 1:59 pm)
nice video i enjoyed it
mcbowler(July 24, 2008 at 11:35 am)
Oh, yay, micro finance.. just what I will need after the dollar collapses.
Power5ive(July 24, 2008 at 8:07 am)
great information.
AriJosepsson(July 23, 2008 at 3:35 pm)
okey this is ?
ltsAboutJesus(July 23, 2008 at 10:17 am)
thats a gift, NOT a loan. they might as well put up a donation sign like the rest of the begging classes who target Americans.
