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I Invested in a Bolivian Cow

By
Real Estate Agent with Prudential California Realty

True. Today I provided a $25 loan toward the needed $1000 to help a Bolivian man, Juan, buy a cow. Juan needed the cow for his growing business.

Through "microloans" qualified poor people from around the world receive small
amounts of money Vietnamese Restaurantto help them achieve their goals and create a better life. 
These loans are given to people for various needs and are expected to be paid back by them over a period of several months.   

Last year I was watching The Colbert Report and saw an interview with a person who had helped create a microloan program.  I found the idea fascinating but
didn't remember it until my husband looked at Time's Top 50 Websites for 2008.  He told me that Kiva, one of the included websites, was an organization where we could provide money for these microloans.  

Nicaragua Home Repair

In addition to helping Juan buy a cow I provided loans for:     

*A group in Cambodia that sells clothing in a local village 
*A husband and wife in Cambodia to help them repair their home 
*A Nicaraguan single mom who needs a new roof on her home 
*A Vietnamese woman to expand her livestock business  
*A group in Bolivia who make and sell goods   

Check out Kiva.  It's a great way to help out others.Karimova Food

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

My daughter and her classmates contributed to a microloan program in India. it is amazing how much you can do with just a little. We are so blessed and usually don't even understand it!

Jan 04, 2009 12:23 PM
Marcy Moyer
eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales - Mountain View, CA
Probate, Trust, and Investment Specialist

Deborah,

This is a wonderful thing to do! I also saw that Colbert Report and was very impressed. Then my son told me that a friend of his from New York University is an econ major with an emphasis on micro loans. It is like the internet, and the new politics. Individuals can make a big difference through small steps.

Marcy

Jan 04, 2009 12:25 PM
Lauren Krady Lancaster
Keller Williams Realty - Lancaster, PA
PA Realtor

I saw a news program featuring Kiva last year also and wanted to participate, thank you for reminding me!  It can totally change peoples lives and to us it is a small amount, what a great program.

Jan 04, 2009 12:41 PM
Deborah Engel
Prudential California Realty - San Diego, CA
San Diego Homes & Property

Lisa I agree. It really is amazing. Since posting this I have been providing more loans.  It's incredible what my $25 can do for someone else.

Marcy  Since starting my Kiva loans and talking with people about it I can't believe the amount of folks who saw that Colbert Report and forgot about this great program.

Lauren  You're welcome!  I hope you had a chance to look at the website.

Jan 11, 2009 05:35 PM
Brent Bell
RE/MAX Premier, Realtors - West Hartford, CT
CRS, e-PRO, GRI, Hartford County

Deborah,

Thanks for this entry. A small (to us) contribution will truly have large impact on the lives of others.

Mar 01, 2009 11:44 PM