Saturday, January 05, 2008
Information Age: Part Two
I recently heard about a website called Kiva.org - it's a site through which individuals can loan small amounts of money to small start up ventures in third world countries. By small, I mean VERY small - people selling coal in a small village in Uganda - or a scooter taxi service. You don't make money - you simply make a small (about $25) loan, applied toward a specific amount, which is likely to be paid back - and so change lives in a very real way. Kiva's has had so much publicity lately that all of the current businesses have already been fully funded. "Investors" can also correspond with the entrepreneurs if they wish. It's one of the few opportunities for individuals in the western world to make a real, meaningful connection to individuals in the "third world." It's worth a look.