Microloans in Israel
This is Kiva’s first venture into Israel, it works in over 50 countries with local microloan agencies, where you can donating as little as $25 via their website. What I love about their system is the way that you can track the progress of the person/business you are helping. But enough about Kiva. As I mentioned, you can read about the organization here.
KIEDF managing director Carl Kaplan said “It took us a couple of years to convince them that not all of Israel is like that. We persuaded them that some sections of Israeli society – notably Arab and Bedouin women – are actually Third World. It’s not a political issue.”
Desmond Bradley sums up micro-financing superbly as “a widely used tool for fighting poverty and empowering women worldwide. Small, family-owned businesses have proven critical to the economic viability of women with limited employment opportunities.”
All this week we have heard how the US economy is stalled, how there is no growth, how unemployment is rising. Is there a lesson to be learned here? Is anyone in ‘DC thinking outside the box?
Alon Shalev is the author of The Accidental Activist (now available on Kindle) and A Gardener’s Tale. He is the Executive Director of the San Francisco Hillel Foundation, a non-profit that provides spiritual and social justice opportunities to Jewish students in the Bay Area. More on Alon Shalev at http://www.alonshalev.com/and on Twitter (#alonshalevsf).