Getting individuals involved in helping to tackle the world’s immense problems — poverty, hunger, unemployment, environmental issues — is a tough task. People don’t feel they can make a difference.
“The problems we know are so big that compassion collapse gets in the way of taking action,” Premal Shah, president of Kiva, a nonprofit microfinancing site, said in a keynote at Business4Better.
Kiva tries to overcome this problem with a website that makes social issues personal and “human scales” the world’s problems, Shah said. The site provides information on entrepreneurs, such as a 25-year-old woman in Kenya needing a loan to help with her business, and enables individuals to make loans. Continue reading
“With a mobile phone, you can be sitting inside a hut in rural Kenya and within seconds get money from San Francisco, California,” said Premal Shah, President of Kiva.org in a brief interview for Intel’s Sixty Second Insights.
Premal Shah, President of Kiva.org
What is Kiva? In short, it’s a non-profit organization that facilitates micro-lending to people around the globe and helps them grow their small businesses. Continue reading