Perpetual Light Fund Winner 20
Kiva.org, Winner of the $100 Microenterprise Fund (December 2007)
This Light Award is sponsored by the Freedom Lifestyle Income Program
Kiva is an organization that lets you lend money to the working poor. The information below is from their website.
Kiva lets you connect with and loan money to unique small businesses in the developing world. By choosing a business on Kiva.org, you can "sponsor a business" and help the world's working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the business you've sponsored. As loans are repaid, you get your loan money back.
Kiva partners with existing microfinance institutions. In doing so, we gain access to outstanding entrepreneurs from impoverished communities world-wide. Our partners are experts in choosing qualified borrowers. That said, they are usually short on funds. Through Kiva.org, our partners upload their borrower profiles directly to the site so you can lend to them.
Congratulations to Kiva.org!
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Copyright Christopher Westra