I know … I know … giving back to the community now!?
When we are in a economic crisis?!?
YES! Especially now! This is a global issue. Entrepreneurs can’t find the financing to build their businesses here AND abroad. Its hard to get the financing you need in a third world country even without a global economic crisis. This is where kiva steps in, they are a non-profit 501(c)3 company that provides mircoloans to entrepreneurs all around the world! I have already loaned out $50 dollars to one lady and she has only 2 payments left until she is completely paid off. I just lent out another $25 to another lady today. No, this isn’t a money making venture. You could potentially not get your money back … but that’s not the norm. They have a 98.61% repayment rate as of this posting. The $25 is repaid back to you and you can then lend it to someone else who needs the money. Its an awesome opportunity to start giving back to the community and ultimately the world!
Who doesn’t have $25 laying around? I know you do! Join the startupstudent.com lending team. Did you know if everyone who follows us on Twitter lent $25 then we would have a total of $212,625 to lend out to people who need it?! Come on. We can do it!
2 Comments
who else thinks that we seem to be heading towards another depression?with the gas prices going up at a steady pace, products are going to become more expensive and people are going to start buying less putting us into another economic crisis.
I think It goes to the basis of power, greed and politics in our world and the blissful ignorance of many average people in the developed world of our complicity in the horrible suffering of many in the least developed countries. ‘Enough’ is a word far too long ignored and even despised.