Ok, sorry to post twice today, but this is cool. Kiva is a web-site intended to raise money for microfinance by connecting actual borrowers to supporters in the US. You can go and look at profiles of Esperanza associates (or borrowers from any of the other microfinance institutions who participate) and then loan them a part, or all of the amount they need. The money is channeled through Esperanza, then they pay you back after the loan period. It’s a great way for Esperanza to raise funds. So, check out this page. You’ll learn a bit more about the organization I’m working with, and if you want you can help them out.



There has been a series of articles in the British newsmagazine Economist about micro-finance, which claim that the for-profit micro-finance initiatives deliver better and more efficient results for the beneficiaries than non-profit initiatives. What is your take on that as a person in the field?
(I understand that you are working in a non-profit scheme as far as I am able to discern)
By: Stephen Myles St. George on July 15, 2008
at 5:32 am
I answer this question in this somewhat long-winded post: http://dominicandays.wordpress.com/2008/07/23/sustainability-and-profitability-a-beginners-guide/
Thanks for the question!
By: akidabroad on July 23, 2008
at 6:02 pm