KIVA

I got this through the e-mail - courtesy of Larry (OneSided) over at My Side of The Story. It was a link to KIVA.org

"Kiva lets you lend to a specific entrepreneur in a developing world - empowering them to lift themselves out of poverty."

According to the kivas website they currently have a 100% repayment rate. Though they do tell you that as with any investment, you run the risk of losing your money if the business fails.

It's just something interesting to look at, and consider. So look, consider.

Location: Faatoia , Samoa

Activity: Seamstress

Loan Amount: $850.00

Loan Use: To buy a new model of sewing machine to replace her old machine and additional fabrics and materials for sewing

Repayment Term: 12 - 16 months

Status: Raising Funds

Victoria Togi is married with 3 children. Both she her husband gained good results in school but were unemployed due to high unemployment rates. Both she and the husband struggled to look for opportunities to get some source of income to provide for their needs. Victoria then applied her knowledge of sewing kid’s clothes to get some money, and then managed to join SPBD, that really helped her financially in setting up her business. She’s no longer struggling but working hard now to keep her business growing. And with her requested loan she wishes to expand her business, and provide quality service to meet the growing demand of her customers.