It turns out that you can do more through social networking than find a date or stalk your ex- who’d have thought! In fact, you can help real people all over the world lift themselves out of property through micro-loans.
Kiva is the world’s first person-to-person micro-lending website, empowering individuals to lend directly to entrepreneurs in the developing world. The site is composed of two groups: entrepreneurs and lenders. Lenders request an amount for their loan (generally around a couple thousand dollars) and then several lenders contribute to that amount. In fact, the minimum loan is as low as $25.00.
One such lender is lawyer and author, John Kirkland who introduced me to the website. John is using the sales of his new book Love Letters of Great Men to fund Jasminka Salkievi’s clothing store in Bosnia, Mirza Sayaad’s grocery store in Afghanistan and several other in-need entrepreneurs.
This it truly the incarnation of the “fish you teach a man to fish” adage and a move towards positive interaction on the internet.