Microfinance
– Supply of loans, savings, and other services to the
poor it is often considered one of the most effective,
flexible strategies in the fight against global poverty.
It is sustainable and can be implemented on a massive
scale necessary to respond to the needs of those living
on under a $2 a day, the world’s poorest.
Lend 25
dollars.com - Brand new
philanthropic Microfinance
web-service with
a powerful Team
concept to maximize the amount of people discover and
promote
Kiva.org the World’s first
person-to-person micro-lending website empowering
individuals to Lend 25 dollars
(not donate) to poor entrepreneurs across the globe.
Kiva.org was founded in 2005 with
mission to connect people, through lending to
alleviate global poverty. Over 550,000 people have loaned
$100 million with
Kiva.org to 230,000 entrepreneurs in
50 countries with 126 Micro Financing Institutions (MFI)
that act as
Kiva.org’s Partners.
Currently loans made through
Kiva.org have around 98% repayment rate.
When you
Lend 25 dollars
with
Kiva.org it is a loan (not
a donation) to someone
you choose to help, and within a few months when you get
your funds back, you
can keep your money or lend it again to the next needy
borrower, and SO-ON…meaning that your 25 dollars
could go a long way, allowing more and more poor
families make the transformation from “every-day survival to
planning for the
future”, increasing their earning power – putting roofs
overhead - affording a
balance nutritious diet - sending their children to school.
You get reports from the
people you've loaned to so you feel connected to those you
are helping. The person
you select to support receives 100% of the money you send.
Kiva.org IS NOT
funded by the loan money you contribute,
Kiva.org is a non-profit
organization
financed 100% by donations by multi-national corporations,
and non-profit
foundations.
Kiva.org is simply a
middleman, pairing the ground micro-lending
institutions that provide valuable services to local poor
communities with you,
the Lender, to improve their funding capacity.
Give a man a fish you will feed
him for a day lend a man money
to buy a fish net to fish,
and he will feed his family for a lifetime!
Once you are a part of the Team you can choose to have a
future loan on Kiva.org "count" towards your Team's
impact. The loan is still yours, and repayments
still come to you, but you can also choose to have
the loan show up in your Team's collective
portfolio, so your Team's overall impact will grow!
Spread the
word - Find THREE new Lenders to do the same, and
SO-ON…
Forty
percent of the world’s population some 2.7 billion people
lives on less than $2 per day, according to the World Bank,
and despite the inroads that have been made against poverty,
more than 50 countries are poorer today than they were in
1990. The world’s 10 wealthiest nations are now more than 75
times richer than the 10 poorest. The World Food Program
reports that some
25,000 children die every day
from causes
related to hunger
and poverty, meaning the death of a child every 3.5 Seconds!
A REALITY TOO DEVASTATING TO JUSTIFY PATIENCE
Despite the dire numbers, improving solutions do exist, and
Microfinance is one of them, proven itself to be a powerful, scalable, and sustainable tool in helping to address poverty
and increase income. Muhammad Yunus from Bangladesh received the
2006 Noble Peace
Prize for
developing this concept and lifting millions of people out
of poverty. The World Bank estimates that 500 million poor
entrepreneurs would benefit from the
Microfinance
community, but for the time being, it is serving only 20
percent of that population. It has taken more than three
decades to reach that level, and we can’t wait 100 years or
more to reach the remaining poor entrepreneurs,
TOO MANY
LIVES ARE AT STAKE!
Please go to
www.Kiva.org and use
“Lend 25 dollars” as your
Team when making a loan, with the goal in mind that your
Team could one day, be
Kiva's
largest loan contributor.
The
sky is the limit!
Lend 25 dollars
is only a first step, but if you want
Kiva.org
to Succeed, please keep your commitment alive to find at least THREE
new persons Lend 25
Dollars each, then commit them
to do the same. and SO-ON ...
The potential to increase the amount
of lenders is endless, let's make a
big difference , and feel great
about it!
10th step
19,683
Lenders +
19,683
Lenders +
19,683
Lenders =
59,049
Lenders
9th step
6,561
Lenders +
6.561
Lenders +
6.561
Lenders =
19,683
Lenders
8th step
2,187
Lenders +
2,187
Lenders +
2,187
Lenders =
6,561
Lenders
7th step
729
Lenders +
729
Lenders +
729
Lenders =
2,187
Lenders
6th step
243
Lenders +
283
Lenders +
283
Lenders =
729
Lenders
5th step
81
Lenders +
81
Lenders +
81
Lenders =
243
Lenders
4th step
27
Lenders +
27
Lenders +
27
Lenders =
81
Lenders
3rd step
9
Lenders +
9
Lenders +
9
Lenders =
27
Lenders
2nd step
3
Lenders +
3
Lenders +
3
Lenders =
9
Lenders
YOU
(1)
Lender +
(1)
Lender +
(1)
Lender =
(3)
Lenders
Could you please let us know if you have any suggestions, new
ideas for improvement that could help us maximize the amount of
people to discover
Kiva.org, thank you.