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Monday, March 19th, 2012
I have been lending some money to people through Kiva microfinance to help alleviate poverty since 2007. While reinvesting some funds that were paid back, I noticed that I just reached $1,000 in money lent out through 40 loans of $25 each. Kiva loans do not pay any interest. Out of the $1,000 that I [...]
Posted in Giving Back | 8 Comments »
Monday, March 7th, 2011
As you may know, I support microlending to poor entrepreneurs in developing countries through Kiva and Microplace. I have a little under four thousand dollars spread across both sites, and intend to continuously reinvest my principal and any earned interest to create a “foundation” where my money keep being lent out over and over. Kiva [...]
Posted in Deals & Offers, Giving Back | 12 Comments »
Thursday, December 2nd, 2010
Up until this year, our charitable giving has been all over the place. If we saw something we wanted to support, we’d write a check. If our workplace had some sort of matching grant or charity drive, we’d participate. I always buy whatever a kid is selling when they come door-to-door because I remember how [...]
Posted in Giving Back | 9 Comments »
Friday, January 15th, 2010
I received this e-mail today from Microplace, which provides loans to low-income entrepreneurs around the world. I think it’s a great idea, although of course you should remember that you are lending money and it may or may not be repaid. You may consider augmenting your charitable contributions with this type of investment. Haiti earthquake [...]
Posted in Giving Back | 7 Comments »
Saturday, December 12th, 2009
Here’s a good last-minute gift idea for socially conscious friends – a $20 gift certificate to MicroPlace, which provides loans to low-income entrepreneurs. They have a B1G1 holiday promotion where if you buy a $20 GC, you get another $20 to send to the person of your choice for free (could be you if you [...]
Posted in Deals & Offers, Giving Back | 3 Comments »
Tuesday, November 17th, 2009
I’ve written about Kiva before – They allows individuals to make loans starting at $25 to low-income entrepreneurs in the developing world, also known as microcredit. By doing so, you can provide affordable working capital for the poor (money to buy a sewing machine, livestock, etc.), hopefully empowering them to earn their way out of [...]
Posted in Giving Back | 9 Comments »
Friday, November 6th, 2009
Just got an e-mail from MicroPlace that they are running a gift certificate promotion where if you buy a $20 GC, you get another $20 GC free. The gift recipient can then lend out the money to a poor entrepreneur and receive interest + $20 back later. Since the person actually gets the money back [...]
Posted in Deals & Offers, Giving Back, Retirement | 7 Comments »
Friday, August 21st, 2009
I saw some ads for Microplace today (probably targeted due to my internet browsing habits) and decided to check on my Microlending portfolio. If you’re not familiar, microlending tries to alleviate global poverty by offering small loans to entrepreneurs in developing countries who would otherwise not have access to credit. MicroPlace Microplace is actually a [...]
Posted in Giving Back | 7 Comments »
Tuesday, June 9th, 2009
I finally got around to looking closer at Microplace, a site owned by eBay that tries to alleviate global poverty by offering investments that enable loans to hardworking poor people. I wrote about them previously in Earn a 5% Return and Help Fight Poverty Too? but never ended up investing. These microlending investments offered do [...]
Posted in Giving Back, Investing | 21 Comments »
Tuesday, March 10th, 2009
“A billion people around the world work hard every day to lift themselves out of poverty. They don’t want your charity. They want your investment. Invest today, earn a return, provide them with a livelihood.” – Microplace.com homepage. Sounds pretty good, huh? Microplace is owned by Ebay, and is an SEC-registered broker of microfinance securities [...]
Posted in Giving Back, Investing | 23 Comments »