I have taken $250 of the KD charity fund and invested it for micro loans to high poverty working poor in Cambodia, Haiti, India, Indonesia, Philippines, Viet Nam.
The concept is fairly simple. A micro loan in many 3rd world countries can make the difference in feeding a family or eventually escaping utter poverty. A micro loan can be as little as $20 to a few hundred dollars.
I was reviewing some information on PayPal and followed a link from there. I thought it would be a good use for some of the funds. The web site coordinating the micro loans is called www.Microplace.com
Here you can pick out where your investment will be targeted. All are worthy and some, depending on your perspective might be more worthy than others. I browsed and settled on OIKO Credit for this micro investment. According to the data returned from Microplace.com, our meager $250 will help 38 people. I'm sure that is fuzzy math but it gives you an idea of how small these loans are.
I'd encourage you to browse www.Microplace.com and see if you are personally interested in making an investment or gift donation.
The concept is fairly simple. A micro loan in many 3rd world countries can make the difference in feeding a family or eventually escaping utter poverty. A micro loan can be as little as $20 to a few hundred dollars.
I was reviewing some information on PayPal and followed a link from there. I thought it would be a good use for some of the funds. The web site coordinating the micro loans is called www.Microplace.com
Here you can pick out where your investment will be targeted. All are worthy and some, depending on your perspective might be more worthy than others. I browsed and settled on OIKO Credit for this micro investment. According to the data returned from Microplace.com, our meager $250 will help 38 people. I'm sure that is fuzzy math but it gives you an idea of how small these loans are.
I'd encourage you to browse www.Microplace.com and see if you are personally interested in making an investment or gift donation.