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Business, Commentary

Help Battle Poverty

10.15.08 | Comment?

Kiva.org, eliminating poverty through global micro-loans

Well, it’s Blog Action Day and the subject this year is poverty.

If you’re world-aware, you’ll know that the United States is phenomenally lucky in terms of our standard of living and the number of opportunities available to residents, legal or illegal. (Thus, the reason so many risk the law to come to our country.) Poverty in the world is a huge issue and it’s simply a grinding reality that most of us don’t see from day-to-day.

I know that when I travel, particularly to third-world countries, I never cease to be shocked by the difficulty people have in getting the basics, food and shelter, on any given day. What if there was something you could do to provide a chance to people to affect their situation and find some possible escape from poverty?

Kiva.org is an organization that enables people to make micro-loans to entrepreneurs in other places without access to capital. Rather than a simple gift, it’s a capitalization of a business, something that has the potential to not only help the owner, but any number of people who may be employed by the business and/or supply the business with materials, raw or finished.

So, take action. Join the group Blog Action Day at Kiva.org then peruse the various business looking for loans and take an action by lending as little as $25 to help these budding entrepreneurs make a difference. I’ve done it and I hope you’ll do so too, there is nothing in the world like being an angel investor.

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