Reblog: Kiva Loans

I recently posted on the Projet Credit Solidaire blog (in french), about the Kiva loans. I wanted to also send that message here simply because I think the idea is awesome.

Basically, you use the website to choose who you are going to loan the money to (as little as 25$) and send them the money through paypal, using a process that takes about 4 clicks and 2-3 minutes. I would be saying that “giving has never been so easy” but the cool thing about this is that it’s not even giving: after a period of time, you get your money back. Now, I don’t know if you actually get interest on the loan but if you do, this would make it a viable investment vessel. If you don’t then you are doing a good deed while only spending a minor opportunity cost. At any rate, go check it out: www.kiva.org