Kiva.org is a revolutionary new non-profit that allows individuals to loan as little as $25 to low-income entrepreneurs in the developing world (microfinance). By doing so, these individuals provide affordable working capital for the poor (money to buy a sewing machine, livestock, etc.), empowering them to earn their way out of poverty. Throughout the course of the loan (usually 6-12 months), lenders receive email journal updates from businesses they've sponsored, and as loans are repaid lenders get their loan money back.
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The Kiva Chronicles
A blog from Kiva's founder
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