4.25.2008

Many Happy Returns

Back in September I wrote about my friend The Insurgent Scrapbooker and her suggestions for the best way to pay the gifts you've been given forward and how to lend a helping hand to those in need.

Well, I was so inspired by her post that I not only wrote about it but I decided to participate in the micro-loan program administered by Kiva.org, which allows individuals to make $25 loans to low-income entrepreneurs in the developing world (microfinance). On April 15th I received a notice that my $25 dollar investment in a weaving and agriculture business had allowed Niels Alejo to fulfill his dream of building a home for his family.

I have to tell you, it feels good. And I can't wait to do it again. Kiva makes it so incredibly easy. Once a loan is repaid you can opt to reinvest in another entrepreneur. I chose to reinvest with Yaw Dadzie from Ghana, a thirty-nine year old married father of three children who has been selling auto parts of different kinds for over fifteen years. Currently, he sells shock absorbers, lower arms and doors. He hopes the loan proceeds will help him increase his sales volume so that he can continue to save for his children’s education.




You can read more about Mr. Dadzie as well as many other entrepreneurs who could use a helping hand at kiva.org. The return on your investment goes far beyond dollars and cents.


2 comments:

Rosalie said...

What a great concept!

Tania said...

That reminds me, I totally have to do this!

How awesome that your money changed someone's life for the better and gave him a sustainable living, way cool!