High Finance …
October 15th, 2006 by Sonja

… it’s not just for bankers anymore!

Thanks to Justin (via a ht from Brother Maynard) at Radical Congruency I found that financing the needs of small businesses in third world countries can be done by people like me … and you. Take a look at my sidebar, click through and find out how you can do that too.

It turns out that microfinance loans have a 98% repayment rate.  This is astonishing.  They help actual people put real food on their tables, clothes on their children, provide healthcare, and education, etc.  This is a real helping hand.  This is teaching people to fish and lending them the money to get a fishing pole and a boat.  Not just giving them a fish here and there and teaching them to be dependent upon us for the fish.


3 Responses  
  • Mike Croghan writes:
    October 15th, 200610:49 pmat

    Check out this organization too:

    http://www.fivetalents.org/

    They do the same sort of wonderful, extremely effective microfinance ministry. Their world headquarters is in the Rodman House at Holy Comforter, where you and I (and a bunch of our closest friends) have been known to make food for folks in need, from time to time. :-)

           
  • dawn writes:
    October 16th, 20068:10 amat

    Sonja- Cool new site…I found you via Awakening. So cool you have KIVA on your blog. It was started by a friend of mine- and her husband; Jess and Matt. Just wanted to give you a thumb’s up for the sidebar as well as the loan.
    -Dawn

           
  • Justin writes:
    October 16th, 200611:03 pmat

    Thanks for the link to Kiva! You have a beautiful site, by the way.

           


»  Substance:WordPress   »  Style:Ahren Ahimsa