Heidi from 101 Cookbooks has again inspired me, though this time without a recipe. After reading this post about setting up 101 Cookbooks as a Kiva.com lending team, I was inspired to log back into my Kiva account and make sure that all of my donations were allocated.
For those of you unfamilar with Kiva, they make microloans (loans of a few hundred dollars) to entrepreneurs in foreign countries. To these brave folk, $500 is enough for them to start or expand their business and given them badly needed operating capital. In return, they repay the loans with interest.
Where we come in is we fund an account with Kiva and then select which businesspeople we are going to support. Typically, what happens is that multiple lenders pool small donations of $25-50 and once enough people have contributed, the full sum goes to the entrepeneur.
It’s a great system and a fantastic way to feel like you are doing something for your fellow residents of this planet. Here is my lender page (you’ll notice I support food related businesses. :))
I urge everyone to give Kiva a try and to tell Heidi that she’s setting a good example.