Investing Idea: Micro Loans to the Poverty-Stricken

Submitted By Miranda Marquit

One of the big things now is ethical investing. And one way to may money through ethical investing is to help the poverty-stricken with micro loans. Micro loans through such organizations as Kiva and Grameen allow you to loan small amounts of money to entrepreneurs in poor areas of the world. You offer much lower interest than local sources, so you are helping on more than one level. You get the money back through payments made on your loan plus interest.

While you aren’t going to get a huge return on such investments, you will get some monetary return. But the intangible return — feeling good about helping someone else on the path of yielding wealth — can be a reward much greater.



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