September 11, 2007

Kiva.org


Micro-loans: providing third-world entrepreneurs with the initial funding they need to create a profitable business that gets them out of poverty, in the form of an interest-free loan.

The Nobel Peace Prize for economics last year went to Muhammad Yunus, founder of the Grameen Bank, for his studies and work regarding micro-loans as a possible answer to the problem of poverty.

Feel free to visit Kiva.org and see what it's all about. It's crazy cool.

No comments:

What To Do If You Think Your Area Needs Help

Note: This post has been contributed. If you live in an area of the world that you believe needs more attention and help, one of the b...