As part of Avlon and Syntonics' long-term social commitment to the global community, I wanted to talk a little about a microfinance website that you may have already heard of, called Kiva.Kiva is a not-for-profit website where you can fund loans to entrepreneurs around the world in a peer to peer fashion, meaning that you can pick and choose who receives your loan and follow their updates as they pay you back.
I think now is more of an important time than ever to support microfinancial institutions, as the tightening of the global credit markets could have a negative boomerang effect on many deserving entrepreneurs. A quick look at the risk statistics shows that surprisingly only 2.2% of loans end up defaulting. Moreover, if the field partner distributing your loan has a rating of four or five stars, Kiva claims a 0% default rate.
I will continue to fund as many loans as possible, so if you'd like to track my loans, feel free to check my lender page or even join The Avlon Team in helping fight global poverty.

