MOBILE USERS: m.isthmus.com
Connect with Isthmus:         Newsletters 
Friday, November 28, 2014 |  Madison, WI: 27.0° F  Overcast
Collapse Photo Bar

Microcredit: Anyone Use This?

If it doesn't fit anywhere else, it fits here

Microcredit: Anyone Use This?

Postby john_titor » Sun Mar 18, 2007 11:40 am

Sounds like a good idea.

Since my charity bucks are limited and divvying them up isn't ideal, I'm aiming for a tight sweet spot: a small donation with real bang for the buck. When I read about microcreditâ??the practice of making tiny loans to poor people in the developing world so that they can start businesses and break out of povertyâ??it piqued my interest. And when the Grameen Bank of Bangladesh and its founder, Muhammad Yunus, won the 2006 Nobel Peace Prize for pioneering microcredit work, I was hooked. As an entrepreneur, I dig the idea of helping another jump-start her kitchen-supply business in Ghana. It also eliminates that pointless drop-in-a-bucket feeling to know this specific woman couldn't open her tamale stand without my $20â??let alone the fact that when the loan is repaid, that $20 can get reinvested into another success story. (Truly the gift that keeps on giving.)


A Good Run for Your MoneyWhat's the best way to loan a poor entrepreneur $20?
By Jude Stewart
Posted Thursday, March 15, 2007, at 7:03 AM ET

http://www.slate.com/id/2161797/pagenum/all/#page_start
john_titor
Forum God/Goddess
 
Posts: 674
Joined: Fri Jul 01, 2005 10:18 pm

Postby destryscholes » Mon Mar 19, 2007 10:42 am

I use Kiva. It think it's a great program.
destryscholes
Forum Addict
 
Posts: 102
Joined: Fri Aug 05, 2005 11:03 am

Postby Bwis53 » Mon Mar 19, 2007 10:59 am

http://www.kiva.org/

I seen a story on them in the news. They are great.

Wisconsin Women in Business has some nice small business loans for people here.
Bwis53
Forum God/Goddess
 
Posts: 6418
Joined: Tue Dec 31, 2002 9:39 pm
Location: Bay Creek

bump

Postby mrs. mcdonell » Thu Aug 16, 2007 10:18 pm

I was looking for an old thread and came across this...anyway, Kiva is extremely awesome. http://www.kiva.org
mrs. mcdonell
Forum Addict
 
Posts: 113
Joined: Wed Dec 10, 2003 10:15 am

Postby Harriet The Spy » Fri Aug 17, 2007 12:26 pm

I loaned some money to an Ecuadorian farmer through Kiva, and he actually sent me a thank you note via email a few weeks later. That was a pleasant surprise.
Harriet The Spy
Forum Addict
 
Posts: 174
Joined: Fri Apr 02, 2004 10:34 pm

Kiva on Today Show

Postby Bwis53 » Mon Sep 03, 2007 8:00 am

http://www.msnbc.msn.com/id/20534002/

This was a real nice thing to see on Labor Day.
Bwis53
Forum God/Goddess
 
Posts: 6418
Joined: Tue Dec 31, 2002 9:39 pm
Location: Bay Creek


Return to Catch All

Who is online

Users browsing this forum: No registered users and 3 guests

moviesmusiceats
Select a Movie
Select a Theater


commentsViewedForum
  ISTHMUS FLICKR
Created with flickr badge.

Promotions Contact us Privacy Policy Jobs Newsletters RSS
Collapse Photo Bar