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Elemental Disruption

"Most people go through life dreading they'll have a traumatic experience. Freaks were born with their trauma. They've already passed their test in life. They're aristocrats." Diane Arbus

My life seems to operate sideways~ backwards almost~ and I have come to see thats right for me. A rain of snakes,disruption that cause's growth ,the world split in two.Everyone has there own path,mine has been one of thought,mostly of things folks today seem to disregard. Truth, personal integrity,politeness,...not all eschew these things.For me its been the easiest way to be~ any other way leads me to more trouble..and a sense of humor,above all about myself. Laughter keeps a person sane,and I enjoy seeing the coyote in myself~ the eternal trickster

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sagefever - > Deep Thoughts~whats in ,on my mind and whats out there. -> KIVA~ Loans that save lives~ Now in America
KIVA~ Loans that save lives~ Now in America

I have written about KIVA before, the micro-loan non-profit .organization. This group allows you to loan money, along with other individuals to entrepreneurs all over the world. The loan payback is at 90%, and as you loan in increments that are comfortable to you~ say $25.00~ your risk is little and the rewards knowing your money allows someone to grow out of poverty and grow a business, are great.

So why a rehash? Well promotion is always a good thing and exciting news! KIVA is now operating in the U.S.A. That is right~ there are now opportunities for you to loan fellow working American poor entrepreneurs’ money to further their business goals. I am pleased to say some of the loan goals,ranging from $2,000 to $10,000 dollars,have been met.But there are more to fufill.

Please go to KIVA and look over the program.


 

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posted by sagefever on Thursday, June 11, 2009 at 10:54 AM
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10 comments from 5 users

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posted by sagefever on Jun 11, 2009 at 11:19 AM

*Good news* here...


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posted by catpaw on Jun 11, 2009 at 11:40 AM

Network news did a story on KIVA in the US. It's a worthwhile grassroots effort that is not a charity. KIVA has my enthusiastic support.

BTW: I downloaded your link and added it to my "favorites."

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posted by sagefever on Jun 11, 2009 at 11:46 AM

It is indeed a hand up,not a hand out.

It is a great organization.

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posted by middlepathII on Jun 11, 2009 at 12:56 PM

From my reading, this seems to be more or less a charitable donation that you give, is repaid, then you give again, correct?

This would not be appropriate as an "investment" but more as a donation that is more of a hand up than a hand out, right? 

MP

:-)

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posted by bakoblue on Jun 11, 2009 at 12:59 PM

Kiva is a wonderful organization. I'll have to check and see if they're on Facebook so I can "fan" them.


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posted by sagefever on Jun 11, 2009 at 01:07 PM

I'll have to check that myself...

Use the words you like MP~ the point is a small (donation on your part,loan to the entrepreneur) allows folks to really change their lives for the better. If you click the link they answer all questions. I really like the fact you can pick the entrepreneur you wish to help.

 

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posted by middlepathII on Jun 11, 2009 at 01:11 PM

I did further research.  I think this is a great way to donate and to see money working for progress.  You do not recieve any of the interest, but you can withdraw your principal via a paypal account later, if you so choose.  You can also relend this amount once it is repaid. 

I am so doing this!

(BTW, why does GM have a profile on there?)  jk...

:-p

MP

 

 

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posted by sagefever on Jun 11, 2009 at 01:26 PM

LOL GM eh?

Good for you MP!

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posted by Cubwin23 on Jun 12, 2009 at 11:54 AM

This is really fascinating and something I had never seen before.  Something that is truly brilliant in it's simplicity.

Are investors able to follow the path of the entrepeneur throughout the process at all (just to see how it is going)?  Then again, I guess you can chart well-enough by whether the loan is being repaid on time or not!  :) 

Thanks for the link, Sage! Good stuff.

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posted by sagefever on Jun 12, 2009 at 11:56 AM

Thanks Cubwin23!


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