Archive for the ‘Non-profit’ Category

Investing in People in Need

For my first column I wanted to write about a great organization that allows you to invest in entrepreneurs that could use a helping hand.  The organization is called KIVA (http://www.kiva.org).  Visitors to the website browse the listing of hundreds of entrepreneurs in third world countries who are looking for funds to start their own business or expand their current business.  The loans are administered by microfinance institutions that work hand in hand with the borrowers and collect payments.  Loans are typically paid back within 6-12 months and although there is no guarantee the loan won’t default, past performance on the website shows a great success rate.

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