--- In FairfieldLife@yahoogroups.com, "authfriend" <[EMAIL PROTECTED]> wrote: > > --- In FairfieldLife@yahoogroups.com, "larry.potter" > <larry.potter@> wrote: > > > > --- In FairfieldLife@yahoogroups.com, "shempmcgurk" > > <shempmcgurk@> wrote: > <snip> > > > Well, the just-announced winner sounds really terrific! A > > > Bangladeshi business man who, through a private enterprise > > > initiative, set up a low-cost loan system for poor people > > > to lift them out of poverty...97% of whom women were the > > > recipients. > > > > > > Talk about Age of Enlightenment news. Wonderful choice. > > > > Wonderful indeed, i was thinking the same thing. > > If you like the microloan idea, there's a terrific > organization on the Web called Kiva to which you can loan > money, as little as $25, to a small business; you get to > pick the business from those listed on the site (all in > developing countries, mostly women). > > Kiva handles the loan process through local microfinance > partners and sends you updates as the loan is repaid. You > can also get personal reports from the business as to how > it's doing. > > When your loan has been paid back (usually in 6 to 12 > months), you can get your money back (you don't get any > interest) or loan it to another business. Kiva's loan > repayment rate is currently 100%. > > Here's Kiva's FAQ, which gives details of how it works: > > http://www.kiva.org/app.php?page=about&action=faq >
Gosh, what a fabulous idea all around. To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/FairfieldLife/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
