All Posts Tagged With: "Micro-Lending"

Kiva Runs Into Some Problems

This came up a couple of weeks ago.  As you may know, we’ve been supporters of Kiva since last year when we made a loan.  In early June, we got an email notifying us that the loan was officially in default.  This means that we were definitely not going to see the unpaid balance of the loan.

By itself, this is no big deal to us.  We entered into this with a small sum and with the understanding that this could happen.  Kiva has historically maintained a very low default rate, so this was a rare thing.

Except for this: the reason for the default wasn’t necessarily the borrower, but rather the field partner that actually manages the loan.  Kiva works with a number of …


Conservatives Have Ideas, So Let’s Hear Them!

I make no bones about it: I’m a Conservative and a Republican.  If I ever think think the Party is a lost cause, I could abandon it, but current circumstances don’t put me there.  Not even close.

I read with some appreciation Cal Thomas’ column on this subject last week.  His comments regarding the romanticism of Reagan Conservatism is right on.  More importantly, he hit the key thought that I’d like to shout from the housetops:

Contemporary conservatism has mostly been about saying “no” to the liberal agenda. Suppose conservatives instead begin to circumvent liberals by applying better ideas to achieve ends liberals and conservatives claim to seek?

Don’t get me wrong… there have been some ideas floated around, but the fact is that there …


Kiva Is Way Too Popular

In a New York Times Magazine article for this weekend, there’s a story about Kiva, a micro-lending brokerage that I’ve been advertising on this site for quite a while. It’s a good news kind of story, and one I had not expected to hear.

Recently, every borrower business in Kiva’s system was 100% funded. This is awesome! And as a result, since the holidays, Kiva has had a $25 cap on individual loans (the amount you and I can lend):

[Kiva’s public-relations director, Fiona] Ramsey says that the $25 cap will mostly be in effect for the next month or so, partly because Kiva sold about $2 million worth of gift certificates over the holidays, many of them still waiting to be invested. Meanwhile,


Making Capitalism Work for the Poor

I’ve had little time or space thus far for this topic, not because it lacks importance, but because I can only write so much.  Today I’d like to seriously look at something that many people are reacting to with cynicism, humor, and contempt because of the person at the center of the topic, and as a result are missing what I think is a critical opportunity and a valuable idea.

Bill Gates (yes, you know Bill… I have referenced his company in slightly disparaging terms in the past, but only slightly) made the front page of the Wall Street Journal today, not because of some new innovation in the Windows Operating System, or a major security hole in Internet Explorer, or even as part of …


Apple Finally Got the Best of Me

I finally broke down (after having purchased an iPod for my wife earlier this year) and bought my own iPod last week… and no I didn’t buy the iPhone, but yes I did buy the Touch (iPhone without the phone).  I like it, it works great (except Safari tends to crash quite a bit), and I can’t wait for Steve Jobs to drop the price so that even I can complain and get my entitlement.   

I doubt that I will be blogging from the iPod (technically, I can, but typing is NOT fun on it), but at least I can listen to my favorite tunes and books.

Speaking of books, I’m currently reading “Banker to the Poor: Micro-Lending and the Battle Against World Poverty”


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