Friday, February 20, 2015

Usury Free Loans - Kiva Zip

Kiva Zip is the division of Kiva that facilitates usury-free loans.   If we want a renaissance in small business in USA, we need a renaissance of this critical factor.

If you have money in retirement, you are about to lose a large part of it, I believe.  On the other hand, you can lend money to start-ups that will actually be doing good as they do well.

Yes, I believe if any of these businesses fail you will not get your money back, but then that is another opportunity to exercise charity.  Let is go.  I know this is all radical, but right now we need radical means, not extremist means, like bailing out failed banks and failed auto companies.

Here is a project I plan to help fund, deo volante....

This week was the launch of Kiva City Milwaukee! These borrowers have heart. Some are driven by the desire to be role models, hoping that even amidst challenges, others will follow them in reaching for the stars.
"Neighborhood children will see that it is possible for people like them to attain higher education and pursue any dream." – Vedale
Milwaukee, WI
Vedale and his brother endured a difficult childhood. Their dream to start an after-school art program allows them to be mentors to Milwaukee’s youth. This loan will go toward maintaining their facility and marketing their program.
"It's not just the wealth that I'll be passing down to my children, but the discipline, dedication and structure." – Latrisa
Milwaukee, WI
Latrisa decided to launch her own natural hair care business when she found herself out of a job in 2011. Her desire to teach her children life lessons fuels her every day. She will use this loan to purchase raw materials for her products and also support student interns!
Hope Realized: Meet Paola
Ever long to be the first to do something in your neighborhood? Paola is achieving that goal thanks to a partnership with trustee NYC Business Solutions and lenders like you! Watch her story:
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