You too can be a micro credit lender!

There was a really cool story on PBS Frontline/World http://www.pbs.org/frontlineworld/stories/uganda601/uganda-601.html?c=3wm last night. There is an organization called Kiva, which operates micro credit loans to individuals in underdeveloped countries. The total loan amounts are small, some for a few hundred dollars, most under 2,000. Individuals like us can loan people 25.00, or more, toward the full amount. They have a 100% repayment rate. It actually changes lives for the better. As your money gets paid back you can invest it again and again. It's almost like online gambling, but not sinful and more rewarding. Capitalism at it's highest from.

On the program they included an interview with an African man whose 2 brothers died from AIDS and left him with all their children to support. He has about 20 dependents. He needed a loan for a brick making and furniture business. He got his funding pretty fast, as he had a really good business plan. This type of funding cuts out the middle man and banks and gives the money directly to the borrower.

Check it out!