Kiva.org - Small Loans to Change Lives

[Nova]

Just saw a piece about this on TV. It was very impressive: http://www.kiva.org/.

According to the report I just watched, the loan repayment rate is even 100%, with 0 defaults. Some people take the repaid money and just loan it out again, like operating their own mini foundation.

Just found a link - this is the report I just watched: http://www.pbs.org/frontlineworld/stories/uganda601/video_index.html. Looks like it first aired at the end of last October.

One of the people involved came from PayPal.

 

[Dale Hubbard]

That is very cool. I gave the front page rice farmer from Ecuador $25, and by the time I was done he had another $50 also. More power to them at Kiva.

 

[dnalias]

great org.
have a friend that volunteers as a Portuguese translator for them.