Friday, April 11, 2008

Micro Loans

This is an idea whose time has come. I remember hearing how a small amount of money could make a difference to people, especially women. It wasn't until recently that I realized that I could participate and make a difference for both me and someone that needs a little help.

Here are four sites that are making a difference with Micro Loans.


GRAMEEN BANK is the work of Muhammad Yunus, Nobel Peace Prize winner. You can hear Mr. Yunus explain his view on poverty in this Short film:


He started in 1976 with $27 from his own pocket. Now he heads a foundation that helps 6 million poor families with loans. They suggest multiple ways to help, everything from educating yourself to making a donation of time and/or money.
Read about this remarkable man and his Bank at
www.grameenfoundation.org


If you want to see more of this unique man and his views, watch the Long film:





COMMON GOOD BANK has a motto that says:
"If you could SAVE $$ and SAVE THE WORLD just by changing banks,WOULD YOU DO IT?
You can go to their website to read all about it. They are planning to open in 2009 and will need help from many of us if we are going to end poverty in our lifetime.
http://commongoodbank.com




MICROPLACE was joined by e-bay to create a place where you can earn a return on your investment and help end world poverty. This site is different because you are investing your money, not just making a donation. Their website can be found at
http://www.microplace.com




KIVA takes the microloan and makes it personal! Their mission is to "connect people through lending for the sake of alleviating poverty." Go to their website to find out how you can participate in loaning money to actual people, for a specific purpose. You can also meet the people that are both lending and receiving. It makes the world a very small place when you realize just how easy it is to help.
http://kiva.org



I know this is a lot of information. I've been looking, reading, and learning for a few weeks, and haven't decided yet where to invest my money. But I'll keep at it until I decide where to start, and make that initial investment. I invite you to join me!

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