Kiva: An Update
Just over a year ago I made my first investment into Kiva. In the initial post I said I made the first small investment to familiarize myself with the process before getting further involved. Well, I felt comfortable enough shortly after to give again and have loved all of my interactions with the group.
There’s something special going on with Kiva, and not only because they’ve given $11M in loans in two years. No, it’s something more special than that. Something bigger. They’re reshaping philanthropy and will have a profound impact on the shape of the world in the years to come.
The first loan that I contributed to was repaid in full about two months ago. I have to say that I found the entire experience enjoyable. Even though there were few updates on the entrepreneurs progress, there was a great feeling that developed over the period of the loan.
Maybe it’s strange, but I loved that even the few emails strengthened the social proprioception with the entrepreneur in the developing country. I agree with David that more blog posts during the loan, and a final post communicating how the loan helped would be eagerly received.
I encourage you to get involved with Kiva if you haven’t already.
Also, recently I received two wonderful gifts from my good friend Ken and Matt who authors the excellent Sharkride. The gifts were Kiva gift certificates and I can’t think of a better gift than that. Thanks guys, your kindness means a lot and will bring benefit to me and others for a very long time.