Sunday, 31 August 2008

PostHeaderIcon Kiva - Loans that change lives

Kiva - loans that change lives
Let me tell you a bit about Kiva.

Kiva.org is a non-profit that is revolutionizing the fight against global poverty by enabling people to connect with and make personal loans—of as little as $25—to low-income entrepreneurs in the developing world. Most of the poor in developing countries are self-employed entrepreneurs and a small loan to purchase business-related items such as sewing machines or livestock can empower them to earn their way out of poverty.

Kiva is the world's first person-to-person micro-lending website, empowering individuals to lend directly to an entrepreneur in the developing world. By combining microfinance with the internet, Kiva is creating a global community of people connected through lending.

Kiva's mission is to connect people, through lending, for the sake of alleviating poverty.

Kiva was born of the following beliefs:
  • People are by nature generous, and will help others if given the opportunity to do so in a transparent, accountable way.
  • The poor are highly motivated and can be very successful when given an opportunity.
  • By connecting people we can create relationships which exceed beyond financial transactions, and build a global community expressing support and encouragement of one another.
Kiva promotes:
  • Dignity: Person-to person lending encourages partnership relationships as opposed to benefactor relationships. Partnership relationships are characterized by mutual dignity and respect.
  • Accountability: Loans encourage more accountability than donations where repayment is not expected.
  • Transparency: The Kiva website is an open platform where communication can flow freely between the developing and developed worlds.

Kiva democratizes philanthropy, allowing the average individual to feel like a mini-Bill Gates by building a portfolio of investments in developing world businesses.

Kiva will have facilitated loans totaling $100 million by 2010.

You can see Gary's Kiva loans by clicking the Kiva tab at the top of the page.
Saturday, 9 August 2008

PostHeaderIcon Photos: Glastonbury, July 2008

A few photos from our weekend in Glastonbury with Kerry & Julian and Karen & Peter.

Gary

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