Second Life Forums Archive - Loans That Change Lives

Ghoti Nyak

καλλιστι

Join date: 7 Aug 2004

Posts: 2,078

05-17-2006 14:33

This is really cool: KIVA

From: someone

Kiva lets you connect with and loan money to unique small businesses in the developing world. By choosing a business on Kiva.org, you can "sponsor a business" and help the world's working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the business you've sponsored. As loans are repaid, you get your loan money back.

-Ghoti

_____________________

"Sometimes I believe that this less material life is our truer life, and that our vain presence on the terraqueous globe is itself the secondary or merely virtual phenomenon." ~ H.P. Lovecraft

Turbo Hand

Registered User

Join date: 19 Feb 2006

Posts: 102

05-17-2006 15:14

I worked for years with microlending programs in the third world.

It is amazing the things people can do with such a small amount of money.

Vares Solvang

It's all Relative

Join date: 26 Jan 2005

Posts: 2,235

05-17-2006 16:13

Thanks Goti, I love these sorts of things.

Another good one is Heifer International. Check them out.

http://www.heifer.org.za/

Edit: Was just looking at the Kiva site. I never realized that Bulgaria was considered a 3rd world country. Just seems like the EU could help them out or something....

Adam Zaius

Deus

Join date: 9 Jan 2004

Posts: 1,483

05-17-2006 16:29

That's a truly brilliant idea. Supporting industry is by far the better way to go in bootstrapping developing nations.

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Co-Founder / Lead Developer
GigasSecondServer

Vares Solvang

It's all Relative

Join date: 26 Jan 2005

Posts: 2,235

05-17-2006 17:12

From: Adam Zaius

That's a truly brilliant idea. Supporting industry is by far the better way to go in bootstrapping developing nations.

Most people don't want charity anyway. They just want a little help getting started. Before Heifer International will help people they have to agree that the first thing they do once they are up and running is to “seed” another person in their area. Then that person has to do the same thing, and so on. So that small initial investment is magnified many times over.

Much more effective than just handing over piles of cash to corrupt government officials.

Loans That Change Lives
Ghoti Nyak καλλιστι Join date: 7 Aug 2004 Posts: 2,078	05-17-2006 14:33 This is really cool: KIVA From: someone Kiva lets you connect with and loan money to unique small businesses in the developing world. By choosing a business on Kiva.org, you can "sponsor a business" and help the world's working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the business you've sponsored. As loans are repaid, you get your loan money back. -Ghoti _____________________ "Sometimes I believe that this less material life is our truer life, and that our vain presence on the terraqueous globe is itself the secondary or merely virtual phenomenon." ~ H.P. Lovecraft
Turbo Hand Registered User Join date: 19 Feb 2006 Posts: 102	05-17-2006 15:14 I worked for years with microlending programs in the third world. It is amazing the things people can do with such a small amount of money.
Vares Solvang It's all Relative Join date: 26 Jan 2005 Posts: 2,235	05-17-2006 16:13 Thanks Goti, I love these sorts of things. Another good one is Heifer International. Check them out. http://www.heifer.org.za/ Edit: Was just looking at the Kiva site. I never realized that Bulgaria was considered a 3rd world country. Just seems like the EU could help them out or something....
Adam Zaius Deus Join date: 9 Jan 2004 Posts: 1,483	05-17-2006 16:29 That's a truly brilliant idea. Supporting industry is by far the better way to go in bootstrapping developing nations. _____________________ Co-Founder / Lead Developer GigasSecondServer
Vares Solvang It's all Relative Join date: 26 Jan 2005 Posts: 2,235	05-17-2006 17:12 From: Adam Zaius That's a truly brilliant idea. Supporting industry is by far the better way to go in bootstrapping developing nations. Most people don't want charity anyway. They just want a little help getting started. Before Heifer International will help people they have to agree that the first thing they do once they are up and running is to “seed” another person in their area. Then that person has to do the same thing, and so on. So that small initial investment is magnified many times over. Much more effective than just handing over piles of cash to corrupt government officials.

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