27 May | Kiva
I’ve been giving a little thought as to which charity I should share my wealth with when we I hit the magical million (if I don’t believe it, no-one will) and time and time again I come back to Kiva.
For those of you new to Investor Trader, my aim was to raise a million pounds via site income and share equity revenue in the space of 5 years – hence the big numbers to your right – after which time I was to share a portion of any money made with a charity.
Now there’s any number of fantastic charities out there and my mind is far from set in stone on this, but due to the very entrepreneurial nature of our little project at Investor Trader, I thought Kiva would provide a logical fit.
For those of you that don’t know about Kiva, I’ve borrowed a little information from their site that should help clarify what they’re all about:
Kiva is a non-profit organisation that allows you to lend as little as $25 to a specific low-income entrepreneur across the globe.
You choose who to lend to – whether a baker in Afghanistan, a goat herder in Uganda, a farmer in Peru, a restaurateur in Cambodia, or a tailor in Iraq – and as they repay their loan, you get your money back. It’s a powerful and sustainable way to empower someone right now to lift themselves out of poverty.
The very notion of empowering others to make a real go of things for themselves is inspiring and being in a position to help a charity like this grow, will give me reason to work hard at making Investor Trader a massive success every day when I arrive at my terminal. Not only that, when the money is paid back, I can re-lend it over and over again. I think you’ll have to agree, it’s a fantastic concept.
Deciding on a charity very early on in the Investor Trader project, not only provides that focus, but allows us to do some promotion for Kiva along the way.
When I finish this blog post, I’ll be heading over to Kiva, to sign up for an account and learn more about the process which I’ll report back on agin shortly.
In the meantime, I urge you to pay a visit to Kiva and see for yourself the difference they’re making.