The following is a guest post from Kiva’s press team:
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Kiva launches Kiva.org/women and Partners with Dermalogica’s joinFITE to Give Away $100,000 in Loans to Women around the World
KivaFor those of you who have made loans on Kiva.org in the past, this will come as a piece of good news. For those who haven’t – it’s a double whammy: you’re being introduced to Kiva AND finding out about their newest venture!
First, here’s what Kiva does, in a nutshell: Kiva.org is the world’s first and largest microlending website where anyone, anywhere can help alleviate poverty and empower entrepreneurs across the globe through loans as small as $25. Lending through Kiva creates a ripple effect in a local economy because with as little as $25, you enable an entrepreneur to build their business and bring goods to their community. As these businesses grow, so do other opportunities: to employ other members of the community, or to make enough money to send their children to school and learn to perhaps become business owners themselves one day. So your $25 loan might help lift an entire village out of poverty!
The best part: When the loan is repaid, you can choose to re-lend your money to help another entrepreneur, maintaining a growing cycle of progress. If you want to read some wonderful entrepreneur stories for yourself, check out how Flaura’s photocopy business, Kumri’s sewing shop, Glory’s goats and Grace’s peanut butter came about or reached their potential thanks to Kiva loans.
The latest piece of good news from the folks at Kiva is that, in honor of International Women’s Day, they are launching Kiva.org/women on March 7, 2012 to help empower women and create sustainable change.
To kickstart it, Dermalogica’s joinFITE program is funding a $100,000 Kiva Women free trial program. What does this mean for you? Free money! You’ll be able to make $25 loans to a female borrower of your choice without fronting a single penny (for as long as the Dermalogica money lasts).
Just for the record, Kiva has already been helping women around the world: since its launch in 2005, more than 80% of the loans funded through Kiva have been to women borrowers in 60 countries including the United States. Kiva has connected more than 600,000 women borrowers to nearly 650,000 lenders, crowdfunding more than $200 million in loans to women.
Because women have proven to be such massive agents of change in impoverished communities when given a minimum of resources, this program is designed to focus specifically on them.
Check out the press release on the topic or go ahead make a loan through Kiva.org/women as soon as you have a chance.
| Filed under: diversity
, guest post
, parent stories
, working mother
| Tags: dermalogica
, loans to women
, women entrepreneurs
| Comments Off
Teach her how to fish, she eats for a lifetime. This year’s Blog Action Day theme is about poverty. When I last checked the site over 10,000 bloggers had signed up to participate reaching over 11 million readers worldwide. Last year’s theme was on the environment and I wrote Rock. Paper. Scissors. How Do We All Win? on the topic of the environment and cutting down on paper usage.
How does one break the cycle of poverty? As an entrepreneur, I’m a strong supporter of those who try to make a difference by creating products and solutions that help their local, national, or global community. All ideas are not created equal, but the people behind them are the ones who can cultivate them into something life changing or learn from their failures, pick themselves up and help others on their paths to create something great.
Whether entrepreneurial drive is innate or learned one may never know, but we do know that it can be cultivated and nurtured by the right people, resources, and support. It can also be squashed and abused by people who feel threatened by the passion behind the ideas.
I have heard several of my favorite bloggers mentioned Kiva.org in the past and I thought it was a really neat concept. So for this year’s Blog Action Day, I’ve decided to donate $100 to a Kiva project. However, it looks like I’ll have to wait because all of their projects are currently funded!
Kiva is a site that enables people to give/lend money to entrepreneurs in third world countries who are trying to make a difference in their poverty stricken communities. You can contribute money towards a small loan for an entrepreneur to help him/her get started or purchase some supplies. It’s called micro-lending.
Giving someone the means to try something entrepreneurial to build up their self esteem and add value to their community, is priceless. Giving them the opportunity to learn about entrepreneurship first hand from the school of hard knocks is contributing to their life education.
So take a look around you and be grateful for what you have despite the challenging economic times ahead for all of us. If you are reading this blog post, chances are that you are not sitting in a hut somewhere without electricity wondering where your next meal might come from.
Encouraging ideas, creativity, and entrepreneurship is the way we will see ourselves through this downturn. Investing in good people with the entrepreneurial spirit is a fabulous thing to do. Check out Kiva.org and when an entrepreneur and her project surface that you find interesting, consider lending her a few bucks to help her make a difference!
| Filed under: blogging
| Tags: blog action day
, blog action day 2008
, give a man a fish
, teach a man to fish
, third world country
| 10 Comments »