Kiva

Kiva Lending Team: Africa

A Common Interest team on Kiva.org since Aug 28, 2008

Location:: Everywhere
Category:: Common Interest
Team URL:: http://www.kiva.org/team/africa
We loan because:: Great talk on the solution for Africa: www.ted.com/talks/lang/eng/andrew_mwenda_takes_a_new_look_at_africa.html

We believe this is the single best and most sustainable way to end poverty in the world.

In more precise terms, there are multiple positive impacts to having more entrepreneurs in the world:
- An entrepreneur creates at least one job (for him/herself),
- Instead of drawing more resources from an already burdened country, the entrepreneur is paying taxes to the country, and therefore helping improve the infrastructure of the country. This is, unfortunately, not as applicable when the government is corrupt, of course, but as the people develop more economic power (through more entrepreneurs), their government will cater more to them, rather than catering to the IMF, the World Bank, and others whose conditions to help are sometimes questionable),
- An entrepreneur creates more work for others: for suppliers, and potentially other employees,
- An entrepreneur can pass on his/her knowledge to others, and therefore create other entrepreneurs.
About us:: We loan to Africa because it is the poorest continent in the world, and people there need our help the most.
Team Since:: Aug 28, 2008

*Team statistics updated daily

Have Lending Teams Feedback? Click here.