We wanted to do something to help the developing world. We figured out what we could afford to spare and divided funds equally between two choices: Kiva lets you make no interest loans to individual people in developing countries, and the Grameen Foundation has a completely novel approach to microcredit that earned a Nobel Peace prize for itself and founder, Muhammad Yunis of Bangladesh. If you invest in someone through Kiva you get your money back eventually; if you give to Grameen you are donating to the developing world.
I thought it worth blogging in case others are interested in doing something like this.
April 7, 2007 at 9:52 pm
a very good pair of causes. I may “borrow” this.
April 7, 2007 at 11:41 pm
By all means, I think they are worth supporting and that means promoting too.