I’ve recently discovered an organisation called Kiva.
What is Kiva?
Kiva lets you loan as little as $25 to a qualified low income entrepreneur in the developing world.
How does it work?
Kiva partners with local organizations to screen businesses and administer your loan. Our partners average a historical repayment rate of +96%.
I think this is a brilliant alternative to outright charitable donations as a way of aiding those in the developing world. Now comes the hard part choosing which individual I should make a loan to.