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2007-02-21 19:20:51
Smithereener
Member
+138|6763|California
I wasn't sure where to post this, but seeing as there really is no debate, I put it here.

Anyone ever hear of Kiva.org? (It's a microcrediting organization.)

I say this because our Modern History/MUN class at school have raised roughly $2100 through donations, fundraisers, etc., for the sole purpose of lending money through this organization.

Just wondering whether anyone has ever been involved in microcrediting or has heard of it.

Edit: There, hopefully it doesn't look too much like an advertisement anymore.

Last edited by Smithereener (2007-02-21 19:43:42)

2007-02-21 19:22:58
ThaReaper
Banned
+410|7087

Smithereener wrote:

I wasn't sure where to post this, but seeing as there really is no debate, I put it here.

Anyone ever hear of Kiva.org?

I say this because our Modern History/MUN class at school have raised roughly $2100 through donations, fundraisers, etc., for the sole purpose of lending money through this organization.

What is Kiva? It's a microcrediting/mirofinancing nonprofit organization. It's the same as lending, but with smaller loans with very little interest. People in struggling businesses and developing nations can't really obtain traditional loans because of either bad credit or high interest, so people turn to microcredit. Creditors can lend a minimum of $25 to a person trying to expand or develop their business. It isn't a donation, but more of an investment (Although there isn't much monetary profit).

Just wondering if anyone had seen/heard/used this site before.
D&ST section if your looking for debate. http://forums.bf2s.com/viewforum.php?id=15
2007-02-21 19:28:35
Flaming_Maniac
prince of insufficient light
+2,490|7154|67.222.138.85
This sure sounds a lot like advertising.
2007-02-21 19:40:57
Smithereener
Member
+138|6763|California

thareaper254 wrote:

D&ST section if your looking for debate. http://forums.bf2s.com/viewforum.php?id=15
There is no debate, hence the Junk Drawer.

Flaming_Maniac wrote:

This sure sounds a lot like advertising.
Sorry, but I had no motive for advertisement. I was merely curious as to whether people here had heard of microcrediting and if they had done it themselves, Kiva is just one of the most well-known groups (aside from the Grameen Bank) that microcredit. I guess I'll have to edit some things to make it seem less like advertisement.
2007-02-21 21:05:48
InfectiousShadow
BF2S Resident Bass Player
+45|6879|Washington State, USA
never heard of it and i dont give a rip
2007-02-21 21:10:31
Smithereener
Member
+138|6763|California

InfectiousShadow wrote:

never heard of it and i dont give a rip
To each their own I suppose. I found microcrediting sort of interesting.

 

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