Microfinance gives a chance

Microfinance is a general term to describe financial services to low-income individuals or to those who do not have access to typical banking services.

Microfinance is also the idea that low-income individuals are capable of lifting themselves out of poverty if given access to financial services. While some studies indicate that microfinance can play a role in the battle against poverty, it is also recognized that is not always the appropriate method, and that it should never be seen as the only tool for ending poverty.

Through my friend  Kim I found Kiva.  Kiva has this incredible opportunity available: at no cost to you.  All you need to do is click on the link here ( Kiva ) and you are given the opportunity to choose from literally thousands of people who need a loan, and you are able to give them $25.  At No cost to you.  In addition, you are able to get all the information about Kiva and the history and goals of microfinance.

Poverty is detrimental to all of us.  Not only does it create a great divide in opportunity – it feeds illiteracy, fundamentalism, disease, infant mortality, and most importantly it removes possibilities.  Wouldn’t you like to help in a small way to offer opportunity?

A small list of reasons for loans: utensils and goods for resale or starting a business, fertilizer for crops, livestock to raise for resale or foodstuffs, livestock for farming, building materials, technology to enter the 21st century, motorbikes to travel to work and transport children to school ….the list is as varied as the people and countries who need your help.

So – won’t you click on Kiva and get someone $25 closer to their goal…. please?




2 thoughts on “Microfinance gives a chance

  1. I am new to Kiva, but not microloaning. I used to go through Microplace, as they had a $20 start point, vs. $25. But whenever I get a little windfall, I invest in a microloan. I’ve always been repaid and with interest. It’s a great program.

  2. I first heard of it through an NPR story – the summer before the Christmas Tsunami. At the time, the focus was on women, and helping widows in areas where women are not granted equality naturally a way for them to earn a living and support themselves without resorting to illegal activity. I started putting money there all those years ago, and it’s one of the regular things that I put money aside for each quarter.

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