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RE: The Charity Donation Challenge - Day 1 (Kiva.org)

in #charity7 years ago

I think @tarazkp is right. To get a loan (for instance a woman in India who wants to own a sewing machine or even more than one to start as a tailor) and she pays the loan back when business goes well, shows respect for that woman. When the business goes wrong it is also or still possible to cancel the loan. But it is good for her self-esteem to get a loan instead of just the money.
In addition, you can of course also give to all kinds of good causes, even to organizations that provide loans to people in developing countries. These organizations also need money. And than we are back at the first sentence.

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This is how it works. The corporate company I donate to has been doing this for years and also instead of giving Christmas presents to clients, they donate for them and give them a card. They are yet to take any back and they add thousands each year. In my opinion, empowering people to start their businesses and provide for themselves is much better than straight charity.