Tuesday, September 04, 2007

Microlending with Kiva.org


Over the next week we'll be looking into making a few small loans using Kiva.org. You can find out more on their website (click on the picture).
Normally you would get your money back if the person pays the loan, but since some of the loan terms are over 12 months, the money will instead be rolled over into the next lending cycle and/or next year's class. If classes fall short of the $25 necessary for a loan, I'll kick in the rest of the money. Any class that raises more than $30 I'll help them to the next level of $50.
As a class we'll decide who to sponsor and we'll track the loans in class.
Thanks!

2 comments:

  1. Kiva has turned out to be an incredible project based learning resource! I thought you might be interested in our webquest.
    steve sagin
    ssagin@edgehighschool.org

    http://edgehighschool.org/SSL/ssl.html

    http://edgehighschool.org/lendingwebquest.html

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  2. This is a really great WebQuest, Steve. Looking forward to using it in the near future!

    ReplyDelete