Cool Thing To Do + Free Link

Sam Dodd · #**1 Cool Thing To Do + Free Link** 08-29-2007, 06:30 AM

www.kiva.org

So I don't know how many of you know what microfinance is but basically its a way we can help people from poverty stricken countries make a better life for themselves. Some people love it (Like me) Some people hate it because what you do is give loans to poeple in these countries were they normally wouldn't be able to get any sort of loan. What I find amazing is the repayment rate is like 99%. I personally donated like 50 bucks and as I get repaid I just redonate the money to the next person. Anyways I personally really like it because I hate just giving poeple money for charity. I am a firm believer that its better to teach someone to fish rather then give them a fish. Anyways if you donate they also give you a link on there PR 7 website. You can view my profile

Sam's Profile

Lydia · 08-29-2007, 07:23 AM

Wow, that's a really great website. Good for you Sam!

Sam Dodd · 08-29-2007, 10:49 PM

What they don't realize is your profile page will go to PR 4 and I wouldnt be suprised if kiva.org goes to pr 8 next update. So basically what Im saying is it could be double bonus. You help out people in need. You also help yourself by getting an extremely trusted link back to your site.

BuyHawkeye · 08-30-2007, 06:27 AM

Dude! That site is awesome. I am a habitual pusher of democracy and capitalism, through and through. As you said, this proposes to solve a bigger issue (and the link doesn't hurt either!).

Signing up now...

Bigtoe · 08-30-2007, 06:48 AM

Good cause. Thanks for the info.

BuyHawkeye · 08-30-2007, 07:18 AM

Finished and donated. If we get a few of us together, we can block out an entire business and get it to 100%. I'm up for another donation, anyone else?

Sam Dodd · 08-30-2007, 07:55 AM

I will do it. I think that would be awesome if REW Forums did a mass lending to one person. What I think is great is that when they pay back the loan you get the 25 dollars back to redonate or keep. What I like about this is my 25 dollars donated turns into 100's of dollars people get to use as I continualy re donate.

Also BuyHawkeye give us a link to your profile page. I like to read about the people others donate to.

So anyways Im in for 25 dollars to anyone we decide to invest in.

avonreal · 08-30-2007, 06:46 PM

thats a great idea Sam!

BuyHawkeye · 08-30-2007, 06:48 PM

David Phillips

I just did the one, but like I said, I am up for another. I'll follow up on this thread after a couple of days and collect a roster of anyone who is interested. Then we can pool it together and see what happens.

Disclaimer: I did not read through the entire website or attempt to validate this organization. If anyone has spare time and finds some additional info, please post away.