Wednesday, December 22, 2010

Kiva: Microloans Supporting Entrepreneurial Spirit


Kiva is a microfinance program with a praiseworthy philosophy, and you might have heard about Kiva on Oprah. By giving microloans to business owners, people around the world can make a difference in the success of a small business venture.  And until December 31, you can sign up for a Groupon to donate another $10 for Kiva!

How does Kiva work? Basically you loan a small amount of money to an entrepreneur or a group of entrepreneurs in a community, they pay you back, and then you can re-loan your money for another venture!  

How do you choose the recipient of your microloan?  You can read about the small business owners and entrepreneurial projects at Kiva online, searching by country or by type of project. You can even join a ‘Kiva group’ to support their donation goals.   


Happy holidays!  May your business endeavors all be blessed this year and in the future!