Wednesday, December 19, 2007

An update & my progress in Kiva

Today I received an e-mail from kiva with happy Holidays message. Felt I like I need update my blog about my progress as a small kiva lender. I discovered Kiva in April 2007 via a PBS, tpt, Frontline program. I updated this same blog about this one. I was amazed by the Kiva founder’s sprit, website and the ease of loaning $25 to entrepreneurs around the world. I felt this is the best way to help “poorest of the poor” or "unlucky souls". I felt this is the right thing to do, So I was contributing to kiva whatever left in my savings account. (At the end, I am an immigrant here and working hard for my living.) I used to donate some good $ to few charities but for some reasons I felt this is the best way to make people responsible. { Donation is creating more dependency.} The fact is that I received no interest on my $ loan was immaterial. The important thing was being repaid in most cases. To date, my Kiva loan portfolio contains over 59 loans, including 5 loans that have been repaid completely and then re-loaned & I reached my little goal of loaning 50 entrepreneurs always. Now I am targetting 100 entrepreneurs in the next two years.
Following is my kiva lender page http://www.kiva.org/lender/dhasa