Well, it’s wedding season. I’m sure for many of you that’s not necessarily exciting (although I’m still in that phase) it’s probably just expensive.
My friend Matt blogged about a brilliant idea a few months ago and I think that it should be promoted.
- Couples usually want money for their wedding instead of toasters and wine glasses that they don’t need, yet they can’t ask for it (although some still do…)
- Giving money is unoriginal and boring
Ask for/give money through microfinancing and get it back!
- The money goes to a good cause – incites entrepreneurship in developing countries
- The couple still gets money back – losing out on the time value of money (6-12 months with a pretty low default rate)
- The giver feels good – doing a good deed and giving something valuable- to all parties
- The couple feels good – receives money while still giving something valuable to people in need
Kiva.org is a great organization for this.
Kiva lets you connect with and loan money to unique small businesses in the developing world. By choosing a business on Kiva.org, you can “sponsor a business” and help the world’s working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the business you’ve sponsored. As loans are repaid, you get your loan money back.
Just one of those thoughts that I think should be passed around. Honestly, I’d love to see this make it big (weddings, birthdays, Christmas etc.) Sometimes we can do without “stuff” and I don’t need your money as much as these people do…But giving to Kiva gives them the opportunity and I get double rewarded with the actual money and more importantly, the feeling that I’m actually doing something good in this world.
So think about this for the next wedding you go to and please pay it forward and spread the idea:)