Do you know about micro-lending? Do you know that there are knitters (and other needle workers) in the “developing world” in need of support? Here’s an interesting way to further the cause of women, knitting and international affairs … all in one ‘fell swoop’!
Kiva International is an international micro-lending organization with an established successful record doing what it does: making very small (micro-) loans to all manner of people in the “developing world”. At the moment there’s a women’s cooperative in Peru called 27 de Mayo. (sponsored by Pro Mujer, which itself works on behalf of impoverished women’s welfare and economic development in South and Central America), currently looking for funds to purchase materials for their knitting business … Can you spare $25 (or more) as a loan within the next 10 days?
Here’s how Kiva’s micro-loans word: you make the loan and can get the $ back within a year (or reloan it) after the recipient has repaid it (usually within a year). I’ve given Kiva loans as gifts (it’s easy as pie) and made a number of different loans. The money’s always been repaid in a timely manner in the past, so I’ve just made a new loan to this project.
The women of 27 de Mayo are on a deadline, so please check it out here.
Muchas grácias amigos!!
Eureka! The worthy women of 27 de Mayo have received the full amount they requested from Kiva, a week ahead of their deadline! In only two days, donors have generously loaned/contributed $2500! If any of you contributed to this group via this blog post, thanks very much! This is an amazing, (nearly) invisible community.