Let the Blogging Begin!
Welcome to Ozville! My name is Kendal, and through this blog I aim to introduce you to many exciting new things. Well, OK, maybe exciting isn’t the word to use, but many of them are indeed life-changing. Ozville is dedicated to making a positive difference in lives around the world. In this blog, you will find easy ways to improve the quality of your life, the health of the planet, and the lives of others.
To kick it off, I am going to recommend a website I’ve recently discovered.
Kiva.org is the world's first person-to-person micro-lending website, empowering individuals to lend directly to an entrepreneur in the developing world.
Step by step, it works like this:
1. Kiva.org partners with microfinance institutions that vet and approve loan applications from low-income entrepreneurs.
2. Approved loans are posted to the Kiva.org website for funding. Internet users choose an entrepreneur they would like to lend to, and select the amount they would like to contribute to the loan (starting at $25).
3. As repayments are made each lender receives an email notifying them of the progress of the loan, and journal updates are posted "blog-style" to the business profile by the Field Partner.
4. When the loan has been repaid, the lenders receive their loan amount credited to their Kiva.org account, which they can then withdraw or reloan to another entrepreneur.
It’s a great way to make a difference in someone’s life, without actually spending any money! I know a lot of us want to do good things for others, but can’t afford to do much. Kiva.org allows you to make a microloan, and get repaid in only a few months. You can also purchase gift certificates, and encourage your friends and family to make a microloan. Gift certificates make great presents for children or teens, especially – allowing them to find an entrepreneur they want to assist, and either continuing to re-loan the money or simply reclaim it to buy that new iPod once the loan is repaid!
Before making your microloan, however, be sure to read the Risk and Due Diligence page. I’d suggest making your first loan to someone who has taken out a loan before, and repaid it in a timely fashion, and who has a Field Partner with a rating of 4 or (even better) 5 stars.
Talk to you again soon!
To kick it off, I am going to recommend a website I’ve recently discovered.
Kiva.org is the world's first person-to-person micro-lending website, empowering individuals to lend directly to an entrepreneur in the developing world.
Step by step, it works like this:
1. Kiva.org partners with microfinance institutions that vet and approve loan applications from low-income entrepreneurs.
2. Approved loans are posted to the Kiva.org website for funding. Internet users choose an entrepreneur they would like to lend to, and select the amount they would like to contribute to the loan (starting at $25).
3. As repayments are made each lender receives an email notifying them of the progress of the loan, and journal updates are posted "blog-style" to the business profile by the Field Partner.
4. When the loan has been repaid, the lenders receive their loan amount credited to their Kiva.org account, which they can then withdraw or reloan to another entrepreneur.
It’s a great way to make a difference in someone’s life, without actually spending any money! I know a lot of us want to do good things for others, but can’t afford to do much. Kiva.org allows you to make a microloan, and get repaid in only a few months. You can also purchase gift certificates, and encourage your friends and family to make a microloan. Gift certificates make great presents for children or teens, especially – allowing them to find an entrepreneur they want to assist, and either continuing to re-loan the money or simply reclaim it to buy that new iPod once the loan is repaid!
Before making your microloan, however, be sure to read the Risk and Due Diligence page. I’d suggest making your first loan to someone who has taken out a loan before, and repaid it in a timely fashion, and who has a Field Partner with a rating of 4 or (even better) 5 stars.
Talk to you again soon!
posted by Ozma at
10:03 AM
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