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This is where your money goes...



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Old 12-08-2012, 02:25 AM   #1
Industry_Hack
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This is where your money goes...

Sort of. Some of the recent membership upgrades were just loaned to Charles in Uganda. Read about him here.


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Old 12-08-2012, 12:50 PM   #2
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So I gota be the one to ask...what are you talking about ???? It's a joke right?


After a very quick google search it actually appears to be legit, amazing!

EDIT to the EDIT

L.A., Detroit and New Orleans here in the US included.

http://www.huffingtonpost.com/2012/07/02/kiva-la-ending-unemployment_n_1644728.html


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Old 12-08-2012, 03:33 PM   #3
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It's totally legit. We did some loans a while ago, and helped out women in some pretty poor areas. There was a small flurry of premium membership purchases this week, so it seemed like a good time to help promote cycling in some way on the other side of the world.

Rola, you and your wife should do the same. Coming up with $25 to loan is easy enough, choosing who to give it to, not so easy.
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Old 12-09-2012, 01:48 AM   #4
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Micro-loans are a genuinely wonderful way to help individuals. I love the idea of enabling someone to provide for themselves rather than just feeding them for today - necessary though that can be in some circumstances. Great way to promote cycling in other nations.
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Old 12-09-2012, 02:02 AM   #5
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Newleaf - that's your loose change at work.
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Old 12-09-2012, 04:22 AM   #6
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Whoa! That loan got fully funded, and the last person to loan joined Kiva today, and funded 21 loans.

Hats off to mathieu.


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