Wednesday 9 March 2011

Ideas for Lent – 1. Kiva

A couple of Christmas’s ago my sister and brother in law gave Gail and I a Kiva voucher. At the time I had never heard of them, and I am guessing you might not have heard of them either. They are a charity that gives loans to people around the world who are trying to improve their lives and businesses. The loans I have made were for things like seed for crops, to buy stock for a shop, or parts for a taxi man who’s taxi was off the road.

You don’t give your money to Kiva as you do to many charities, but your buy credit on the site and then use that credit to make loans to the people they have pre-vetted for you. Once the loan is repaid you can loan the money again to someone else. Finally if you fall upon hard times yourself you can get the credit back once the loan is repaid.

It’s a really clever idea that practically helps people get out of poverty. Why don’t you buy yourself or someone you love some Kiva credit this Lent.

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