I probably shouldn’t admit this, but I just learned about Blog Action Day today. According to the Blog Action Day web site, it "is an annual nonprofit event that aims to unite the worldâ€™s bloggers, podcasters and videocasters, to post about the same issue on the same day. Our aim is to raise awareness and trigger a global discussion."
This year the subject is poverty.
It just so happens that my employer, Tunheim Partners, has a client who mission it is to help eradicate global poverty.
That client is Opportunity International. Opportunity International is a nonprofit that is one of the larges and most well-respected microfinance organizations. They’ve been providing loans, business training, and financial services to entrepreneurs in some of the most impoverished corners of the globe for the past 37 years.
I have been intrigued with the idea of microfinance since the early nineties so it has been fulfilling to work with such a fascinating client.
Earlier this year, Opportunity International launched OptINnow, their microlending/social networking site. Through it, you can give loans to deserving entreprenuers for as little as $25.
Amazingly, more than 98% of the loans are paid back.
Making a microloan is an incredibly efficient step you can take to help end world poverty.