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    Kiva.Classpresentation Kiva.Classpresentation Presentation Transcript

    • YES, THIS IS THE WORLD… LET’S FIX IT LESS MONEY MORE PEOPLE
      • Global Poverty . . It’s a Global Issue
    • Why is this an issue?
      • According to the United Nations, about 25,000 people die every day of hunger & disease
      • With global poverty comes: HUNGER , AIDS, PNUEMONIA, DIARRHEA, TUBERCULOSIS, MALARIA, and MEASLES
    • Poverty In Uganda
      • The total population is roughly 28 million people
      • Nearly everyone lives in poverty
        • 61% are poor
        • 30% live in absolute poverty
      • Women are the poorest of the poor.
    • Microlending… What?
      • Small loans given to the unemployed
        • A higher return rate than average loans
        • Lower interest rate so easier for recipients to keep up with
        • Helps develop the economy
        • Self Perpetuating
    • Muhammad Yunus
      • Grameen Bank
      • Bangladesh
      • 2006: Awarded Nobel Peace Prize
      • 7.21m borrowers
        • 97% Women
      • 78,659 villages
      • 98.5% recovery rate
      • 50mil out of acute poverty
    • It’s a LOAN not a donation Lenders Entrepreneur Loan payed back with interest = BIG SUPPORTER = Non- profit micro-lending organization (NOT A SCAM)
    • Who benefits?
      • Location: Ugunja, Kenya
      • Loan Requested: $275
      • % Loan Repayed: 67%
      Name: Musa Masaa
    • Jennifer Nanduta
      • Location:
      • Bukuto, Uganda
      • Age:
      • 28 Years Old
      • Loan Requested:
      • $800