Check out Kiva and change the world one women at a time!
Kiva are a “non-profit organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $25 to help create opportunity around the world.”
Here are some details from the Kiva website.
“Change a woman’s life with a loan.
When a woman has the opportunity to start a business, she earns and learns. That’s why Dermalogica is providing $100,000 in Free Trial loans so new Kiva users can empower women to get the training and experience they need to thrive.
Sponsored by Dermalogica
Dermalogica is helping women achieve financial independence through education and entrepreneurship with the joinFITE program
When you lend, she learns
As millions of children head back to school all over the world, we’re reminded that women are often the driving force behind their children’s education – and their future.
When a woman has the opportunity to learn, she is better equipped to help her children follow in her footsteps. And the virtuous cycle of change begins.
Learning happens in many ways, and Kiva and Dermalogica are helping women to learn through the experience of starting or growing a business. Whether it’s the financial literacy training she receives with her loan, or the lessons she learns by testing new products and strategies, she is gaining invaluable skills that will open new doors.
Consider the facts:
- There are 876 million illiterate adults in the developing world – over 65% are women.
- 76 million primary school-age children are not in school – 60% are girls.
- Over 1 billion people live in extreme poverty – over 70% are women and girls.
But when she has the opportunity to learn, the story changes:
- A child born to a mother who can read is 50% more likely to survive past the age of five.
- Every additional year of education for a girl can yield up to a 20% increase in her future earning potential.
- Research shows that when a woman contributes to her family’s income, she reinvests at least 70% of her earnings to build a better future for herself and her children.”
Women around the world are turning to their own business and the numbers are increasing. Whether it be through necessity, through donation to help them out of poverty like the Kiva initiative, or because they don’t want to participate in the corporate workplace, women are adding to the economic future of the globe. This is Gender Economics in action!
- Micro Lending and How You Can Help with Kiva.org (positivelybeaming.wordpress.com)
- My Week with Premal – Kiva’s President visiting borrowers and partners in Nicaragua (fellowsblog.kiva.org)
- Make a Difference – Give a Loan (davehershey.wordpress.com)
- Kiva Innovating in the Field of Education by Microlending To Students Around the World (educationviews.org)
- Kiva: Loans that change Lives. (theglobalheroes.com)
- Free $25 loans to give on Kiva: make a difference now! (ready2bloom.com)