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How A $50 Gift Can Grow A Business

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If you live in certain parts of the world $50 is a lot of money and can help grow a business. This year, as in the past, Trump University made a donation to Kiva.org to help entrepreneurs around the world trying to change their lives for the better.  As part of this donation I received a $50 gift certificate from my boss to donate to any Kiva entrepreneur I wanted to support.  In case you are not familiar with Kiva they are not about giving 'hand-outs'. It is about lending money interest free so people can build their businesses. 

I figured lets have some fun with this gift and get everyone involved.  I took the first step and picked 3 potential Kiva entrepreneurs as possible candidates for the money.  Tell me who you think should get the $50 or recommend a different entrepreneur and let me know why you think they are interesting.

Justice Amofa 

My first selection is Justice Amofa from Obuasi, Ghana because I am a huge bicycle fan (he is going to repair bicycles) and his business just seemed different from a lot of the other people looking for money.  Read more of his story.

 

Tam Phoeun

Rice, it is such a simple food and something we take for granted but it is a staple part of the diet in most parts of the world. Therefore, I selected Tam Phoeun and his wife from Prey Chhor, Kampong Cham, Cambodia as my second choice since they want to buy rice to sell to co-rubber workers in their area. Buying rice and changing lives seemed worthy. Read more of their story.

 Mily Ramirez

 We take our supermarkets for granted but if you don't have or can't get the basics than all the extra choice becomes meaningless.   Mily Ramirez Alvarado from Bellavista - San Martin, Peruis is raising money for her grocery store so she can stock some basic food items such as rice, sugar, milk, oil and canned goods and is my third selection for the $50. Read more of her story.


OK the rest is up to you.  Let me know who should get the money and feel free to search Kiva's site and recommend other entrepreneurs.  If we get enough interest I will support two or more entrepreneurial projects.

 

More about Kiva

Kiva's mission is to connect people through lending for the sake of alleviating poverty. Kiva is the world's first person-to-person micro-lending website, empowering individuals to lend directly to unique entrepreneurs in the developing world. Click here for more information on Kiva.

 

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3 Comments

[-] Posted by Jeffrey Simons on 01/05/2009 11:04 AM
Hi Josef:
This is a great idea, and I love your twist on it.
They're all great choices, but I vote for Justice Amofa. In a community like his, bicycles are critical to people's lives and jobs. By helping his business, you're enabling him to help many other businesses. As we all know, transportation and infrastructure are critical elements for development.
[-] Posted by Josef Katz on 01/05/2009 11:51 AM
Thanks Jeff.
I posted this blog on another site and it seems that your choice is a favorite across the board.
[-] Posted by Flor Cedillo on 02/07/2009 12:36 AM
I select Mily Ramirez Alvarado from Bellavista - San Martin, Peruis
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