Yes, another post on Micro-Lending. This one is merely an update. Of the six loans I have made four have completely repaid their loans. Today I was able to re-loan some of my repaid funds to a clothing vendor in Azerbaijan. I loan through Kiva.org and if anyone wants to join our temple’s team just search for Myosho-ji and sign up. There are lots of folks all over the world who, with the aid of…
Using money that has been paid back to me from loans I have made on Kiva, I was able to re-loan that money and help fund another entrepreneur. If you have thought about micro lending or if you know nothing about micro lending you might check out Kiva.org. If you decide that you can help in this effort of small loans to individual and group entrepreneurs please consider joining Myosho-ji’s team. With Gassho, Rev. Ryusho…
From Wikipedia – Microcredit is a financial innovation which is generally considered to have originated with the Grameen Bank in Bangladesh. In that country, it has successfully enabled extremely impoverished people to engage in self-employment projects that allow them to generate an income and, in many cases, begin to build wealth and exit poverty. I recently have made several small loans using Kiva at Kiva.org. At Kiva you as a potential lender can select from…
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