Imagine There’s No Countries . . .

Considering the Possibility and Practice of Global Citizenship

Kiva: loans that change lives

Posted by mayacu on February 4, 2009

In Chapter 6, Schattle briefly mentions microfinance as a way that many businesses give back to their consumers and communities. We also mentioned it in class today. Kiva is probably the biggest and most well known microfinance institution in the world. They allow small investors, like you and me, from all over the world to supply small loans to those who apply from all over the world. On their website you can view pictures of the people requesting loans and a description of what they intend to do with the money and when they will pay it back. Investors can choose which entrepreneur to support and they will be updated periodically about the impact of their loan and the time line for repayment.

While Kiva does not mention anything about global citizenship on their website, at least not that I could find, I think this is a perfect example of an institution that is supporting global citizenship in a sustainable and even profitable way. This organization increases awareness of poverty and 3rd world entrepreneurship and provides a medium for people from all over the world to connect and personally participate in a relatively new field. This is a great way for people skeptical of organizations that proclaim to be global citizens to reach out and become part of something bigger than themselves without putting too much on the line.

Advertisements

One Response to “Kiva: loans that change lives”

  1. bklunk said

    Awareness, responsibility, participation. I think that has it about covered whether they call themselves global citizens or not. It would be interesting to survey Kiva lenders and see how they evaluate their experience.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: