Kiva.org is a micro-lending site that let's you loan money to the working poor. Alleviating world poverty is the goal. The people featured on Kiva are entrepreneurs in need of funding to make themselves and their families self sufficient.
You can browse entrepreneurs' profiles on the site, choose someone to lend to, and then make a loan. A minimum of $25 per loan is required. The people repay and the money shows up in your account as a Kiva credit. You can then either reloan or withdraw the money.
To date I have made 11 loans. And not one person has defaulted.
Mrs. Pov Khatt is a villager in Pong Ro Village in Takeo Province. She is a farmer who has a plot of land to cultivate rice for a living. Her husband, Mr. Leang Tiey, owns a small rice mill through which he can earn income.
Although they have different businesses, they still cannot support the family well. Thus, Mrs. Pov Khatt decided to ask for a loan to add to her savings in order to buy a motorbike to start a motorbike taxi business.
Mrs. Pov Khatt is 36 years old and the mother of four children, three of whom are enrolled in the local school while the youngest one is too young to work or study. Her husband is on the right of the photo.
