I was reading some tweets the other day and I saw someone mention Vittana and they provided the link, which made it way too easy for me to exercise my curiosity. What I found surprised me. Vittana is a micro-financing website that helps people in developing countries get loans for higher education.
You have to lend a minimum of $25, but along with a bunch of other people; these loans come together and the person is able to get their education. Once they get that education they pay back the loan in full without any interest. Then you can re-lend that money to someone else. It's amazing the difference so little money can make and the coolest thing is that these students aren't looking for handouts; they just need the ability to borrow money, get their higher education, and then pay back the loans. They need someone to trust them and their hard work since they don't have the credit history that most institutions require for such loans.
I'm glad to help as much as I can because I wouldn't have a college education if it weren't for total strangers trusting me and giving me a chance.
Trackbacks
Listed below are links to blogs that reference this entry:
Giving Back
. TrackBack URL for this entry:
http://hanseldobbs.net/darkroom/mt/mt-tb.cgi/147
Comments