I normally would not send post again so closely to the morning, but Kiva is offering a limited number of free $25 loans that you can get started with. If there are any available I highly recommend it!
Kiva is a wonderful organization that provides micro-loans to entrepreneurs in developing countries. They have facilitated over 210 million loans with a repayment rate of 98.91% (source). Comparatively, student loan repayment in 2009 was roughly 55% (source).
Unlike many charities, you can select the individual or business that you would like to assist, and then receive updates on their progress, and how your loan is being repaid. When it has been paid in full, you may withdraw, or loan it out another borrower.
Click to apply for a FREE starter loan today and begin making a difference.
How a Kiva loan works:
[vimeo http://www.vimeo.com/16991128 w=500 h=281]
Kiva Founder Jessica Jackley talks about poverty, money, and love at TED.
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