Kiva – Micro-finance

In General Interest by Steve Sliwa

I am big fan of organizations and sites that work to provide micro-finance (small loans) to deserving entrepreneurs in disadvantaged areas, like developing nations or enterprise zones within the US.  Yes, these loans are not perfect and the administration costs/burden can be larger than expected, but I am convinced the gain is much greater than the risks.

One of my favorite organizations/sites is Kiva (www.Kiva.org).  They have been growing steadily and done great work.  I have used their site to make holiday gifts to families, friends, and kids.

Here is a cool video they assembled to show their growth and hint at the impact:

[vimeo width=”600″ height=”450″]http://vimeo.com/28413747[/vimeo]

link:  Intercontinental Ballistic MicroFinance

 

 

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