Okay, I'm sure that many of you have heard about microfinance, but if you haven't, here's a brief explanation:
Wikipedia - Microfinance. It's basically a way to give some money to impoverished individuals through a very small loan that is easy to repay (like the LDS Perpetual Education Fund).
A BYU editorial letter informed me about the website www.kiva.org, which is a really cool way to do microlending. You can browse through pictures of actual people, read a little blurb about them and their business, and make a loan directly to them.
I've never gotten into the habit of donating, but I really like this idea. BYU is really into this; the Marriott School has developed
The BYU Center for Economic Self-Reliance. I am also motivated by John Huntsman, one of the biggest donators ever. He said that he and his wife decided early on that they would pay their tithing to the LDS Church, and 5 or 10% (I don't know exactly) of their income to charities. They were poor students at the time. Later on, he said, "If you don't do it when you're struggling, you won't do it when you're rich either."
It is great, and it's an easy way to make a big difference in someone else's life. Don't put it off...you can help. And the great thing is that when she pays back the loan, we can just divert that $25 into a loan for someone else...it's the gift that keeps giving!
So here is the information on the woman that Heather and I decided to make a microloan to ($25): Elizabeth Obote, from Nigeria.
"Elizabeth Ebote is 45 years old of age, married with 6 children. She lives in Benin City with her family where she sells her pineapples, a trade she learned for 6 months before she started her business in 1981. She has very little money to run her business hence she needs a loan of $525 to expand her business. She has been with LAPO for 4 years. She thanks you."