Posted by jamie | Posted in -Featured-, Projects | Posted on 05-02-2009
Inspired by FreeMicroloans.
One of the reasons I started this site and began to seriously examine my personal lifestyle and spending habits was so that I would be able to give more back to support those less fortunate. I think sometimes that I have it rough – that I’m only just about going to be able to pay the rent and utilities this month – but then is time to consider the billions of families around the world who live on less than $1 a day.
Until recently, I was quite unaware of the concept of micro loans. The idea is that you lend money (in this case via Kiva) to a business or individual that is struggling to survive or even to get off the ground due to lack of financing. The micro loan gives them the capital they need to get started, and by using that investment wisely they will soon be providing not only for their own families, but also employing other local workers and building a real economy.
Kiva is the world’s first person-to-person micro-lending website, empowering individuals to lend directly to unique entrepreneurs in the developing world
So how can you help? Apart from going and loaning $25 or more yourself, you could just subscribe to my RSS feed. For each subscriber I will pledge $0.50 towards a micro loan. Our first target is 50 subscribers, at which point I will choose a recipient for a micro loan of $25.
You can see how far I am towards my target on the feedburner widget on the sidebar so you’ll know how close we are to the target. When the target is hit, I’ll donate the micro loan (you’ll be able to check on my lender profile at Kiva) and we’ll set a new target! It’s never been easier to help by doing nothing!
You can also spread the word by mailing this page to some friends!