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You can try out kiva.org My problem with it was that most of the businesses were of the retail type (selling clothes on the streets). I’m not an economist but
by iso1337 8y ago
You can try out kiva.org
My problem with it was that most of the businesses were of the retail type (selling clothes on the streets). I’m not an economist but that seems to me to not have much potential for lifting many out of poverty.
- hinkley 8y agoThe context would matter. It’s a very common refrain to describe how many hours are wasted each day acquiring some necessity like food, water or shelter (I roughly include clothes under shelter). Opening a clothing shop in the central market of the largest town wouldn’t move the needle. Opening it in your village or the nearest crossroads could alter many lives.
- iso1337 8y agoThat’s a good point. Unfortunately kiva doesn’t give you many tools to make those assessments. You get a picture of the person applying for the loan, and then about a paragraph describing what they will use it for. Very light on numbers and no follow up on how their business is doing post-loan. After a while it felt like the site was selling me the feeling of being a good person, above all else.