Monday, July 09, 2007

Micro Finance & kiva.org

I've been reading about NGO's and Micro Finance projects for a while. The idea is to get small amounts of money to really poor people, where it can hopefully do a lot of good. I've also been hearing about kiva.org for a while. It was started by a bunch of 'computer geeks' who run or work at businesses like PayPal, Google, Yahoo, Microsoft, etc. The idea is to let individuals lend money to other individuals, watch what it does and get paid back.



http://www.kiva.org/app.php?page=about



Take a look at their web site. This is certainly much more personal than sending a check to a big relief organization. And the overhead costs are hopefully much lower.



I really like what they're trying to do.

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