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January 11, 2009

“The Story Of A Kiva.org Loan”

Posted in: Chuckellania

I’ve written about Kiva before, and continue to lend out money for what I hope is a fruitful cause. But aren’t we all still a little bit skeptical if our loans actually end up at those in third-world countries who need them?

Well, Kieran decided to leave his job at Credit Suisse in London to become a Kiva fellow.

The Kiva Fellows Program offers individuals a rare opportunity to travel abroad and witness firsthand the impact and realities of microfinance, by working directly with a host microfinance institution (MFI). The Kiva Fellow is an unpaid, volunteer based position designed to increase Kiva’s impact and to offer participants a unique insider experience.

His colleagues decided to hand him a $25 loan and have him follow it around the world. And so he did! A fantastic, enthralling story with a video.

I find it amazing that these kinds of things are possible nowadays. Even though I work in the very industry that drives them, I am still in awe of projects like Kiva.


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