Our world is in a financial crisis because people made loans for homes that were beyond their means and the financial institutions played the game. Kiva borrowers live in reality. Their stories tell of the need for small amounts to stock a pharmacy, to buy a cell phone to operate a calling service, to buy a henhouse. These small loans make these people self-reliant. I have joined Karl's group on Kiva.
This is what Karl has requested:
First, I’ve donated $25 to an entrepreneur ($25 is the minimum they accept). But I’ve also purchased two $25 gift certificates that I then emailed to two members of my PLN. I’m asking those folks to then do two things. First, they can choose which entrepreneur to loan the $25 to (they can pick the one I picked, or any of the 773 currently available). Then I’m asking them to consider doing the same thing – purchasing two $25 gift certificates and emailing them to two members of their PLN (with the same request that those folks continue the cycle, a Kiva Pay It Forward plan). It would also be great if they blogged about it and left a comment on this post.I've made my donation and will send gift certificates to members of my PLN. Let's make a difference and make a shift from excessive consumption to generosity in meaningful ways.