Corazon Group, Peru
No way you’ve heard about the Corazon Group in Peru. Even I hadn’t. But when I looked up their profile on Kiva, I decided to take a step and lend $25 to them. I used the Kiva platform for it and was mighty impressed.
I currently work very closely with a NGO, Punyatma Prabhakar Sharma Seva Mandal, and am fully aware how difficult it can get to generate funds. And in most cases it is the lack of awareness that is the biggest road block. People are willing lend or donate to a cause as long as they know that it is being used for the right purpose in the right way.
Kiva is an excellent platform for rural entrepreneurs to reach out across the world for a loan which they are confident of repaying. Kiva works with various agencies to make this work and suggests that you top the $25 loan with a 10% charge to cover Kiva’s expenses. I am sure everyone chips in for the additional 10%.
GiveIndia also has started a similar effort in India but more focused on donation rather than lending to rural entrepreneurs. We are taking assistance from them to generate funds for our school project at Igatpuri which will accommodate over 100 hearing & mentally challenged students.
I am going to try and be involved with Kiva more over the months. Kiva gives every lender a lender page where you can track all your loans.
Tags: kiva ngo ppssm
