This afternoon I ran across a post on Twitter that talked about this year’s Webby Awards. Being the internet geek that I am, I decided to cruise on over to the Webby Awards website to take a look at this year’s Webby
Talk about some amazing websites. There were a number of websites that I knew of and have admired myself. But there were also websites that I’ve never heard of. Because we are in the financial industry, I decided to check out some sites that sounded like they might give me some great ideas.
My exploration took me to kiva.org, which won the Webby People’s Voice Award for Charitable Organizations. According to Kiva’s about page, their mission is "to connect people through lending for the sake of alleviating poverty." In other words,
this website allows people to loan money to small businesses in developing countries so that the people borrowing can work hard to make something for themselves.
Many of the loan amounts are under a thousand dollars. And you can lend in $25 increments, so it’s your choice if you want to lend a little or a lot. For each loan there is a percentage tally that shows how much money has been raised for that particular loan. There is also a journal that will show updates about the loans and the entrepreneurs that are repaying it.
Recently I have heard more and more about social lending, but this social lending network has a socially responsible heart behind it which makes it "The DIFF."