Monday, April 24, 2017

114: Please, Not a Borrower but a Lender Be





I am so happy that a few people contributed to this program of my birthday, because it allows me to choose a couple of organizations that have higher minimums than a dozen dollars. Today, I'm using a portion for Kiva.org, which is a super cool way to support nonprofit work at a systems level. 
Technically it is considered a loan not a donation. It works like this: Basically, your donation (minimum of $25) works as a loan payment to someone who has been pre-approved by applying for a Kiva loan. You can browse the different opportunities to make your choice. When the borrow repays the loan, you can redirect whatever has been paid back, generally around 97%, to another borrower, donate it, or withdraw it. Every dollar you invest to a borrower goes to that borrower. If you choose to donate your repayment, the funds go to Kiva costs. You can browse loan applicants geographically, by type, or by date to help those expiring sooner. So whether your cause is food, water, geographical conflict, women, health, single parents or many others, you should be able to find a great match on Kiva.
I have chosen these lovely ladies, represented by Khan (she's in the picture if you click on the link) in the Taung Kone S2 Village Group of Myanmar (formerly Burma and boy do I miss that) who would like to purchase 25 ducks to increase her egg selling business. She already has had success with her fifty ducks. Not only can Khan  increase her income, but her success contributes to the economic stability and growth of her entire village. "Khan is a woman who loves to watch television in her spare time. Together with her in the picture are: Khin, San, Khin T, Khaing and Thu." (https://www.kiva.org/lend/1262782

Kiva also has a store featuring items made from some loan recipients, https://store.kiva.org, and I am definitely doing Christmas shopping from their site. 



You can find the Donations by the Dozen posts here on google,
or on the Grace Initiative Foundation Tree, LLC's website http://www.graceinit.org/donations-by-the-dozen.html where you can enter your email to subscribe for an email daily dose of Donations by the Dozen.
Our email is DonationsByTheDozen@gmail.com.
Thanks and cheers to charity


No comments:

Post a Comment