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We support Kiva.org

November 12, 2008 by  
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Kiva.org, microfinance loans against poverty

Kiva.org, microfinance loans against poverty

We just made another loan to someone in the developing world using a revolutionary new website called Kiva (www.kiva.org). We support Kiva as we believe in their way of making the world a better place: not bound by religions or nations, non-profit. Kiva is about microfinance (small loans), not donations.

You can go to Kiva’s website and lend to someone in the developing world who needs a loan for their business – like raising goats, selling vegetables at market or making bricks. We even found somebody selling bicycles!

Each loan has a picture of the entrepreneur, a description of their business and how they plan to use the loan so you know exactly how your money is being spent – and you get updates letting you know how the entrepreneur is going.

The best part is, when the entrepreneur pays back their loan you get your money back. Then you can withdraw your funds or lend them to someone else. These are not donations, but small loans. Kiva’s loans are managed by microfinance institutions on the ground who have a lot of experience doing this, so you can trust that your money is being handled responsibly.

It’s finally easy to actually do something about poverty – using Kiva I know exactly who my money is loaned to and what they’re using it for.  And most of all, I know that I’m helping them build a sustainable business that will provide income to feed, clothe, house and educate their family long after my loan is paid back.

Join me in changing the world – one loan at a time.

The Long Distance Cyclist (BikeTravellers) lending team!

We want to recruit you to my lending team, Long Distance Bicyclists. If you join our lending team, we can work together to alleviate poverty. Once you’re a part of the team, you can choose to have a future loan on Kiva “count” towards our team’s impact. The loan is still yours, and repayments still come to you – but you can also choose to have the loan show up in our team’s collective portfolio, so our team’s overall impact will grow!

Let’s show the world that Biketravellers care about the world 😀

Check out the Long Distance Bicyclists lending team, and learn more about lending teams on Kiva in general, by clicking here.

What Is Kiva?

We Let You Loan to the Working Poor

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.

The people you see on Kiva’s site are real individuals in need of funding – not marketing material. When you browse entrepreneurs’ profiles on the site, choose someone to lend to, and then make a loan, you are helping a real person make great strides towards economic independence and improve life for themselves, their family, and their community. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates and track repayments. Then, when you get your loan money back, you can relend to someone else in need.

Kiva partners with existing expert microfinance institutions. In doing so, we gain access to outstanding entrepreneurs from impoverished communities world-wide. Our partners are experts in choosing qualified entrepreneurs. That said, they are usually short on funds. Through Kiva, our partners upload their entrepreneur profiles directly to the site so you can lend to them. When you do, not only do you get a unique experience connecting to a specific entrepreneur on the other side of the planet, but our microfinance partners can do more of what they do, more efficiently.

Kiva provides a data-rich, transparent lending platform. We are constantly working to make the system more transparent to show how money flows throughout the entire cycle, and what effect it has on the people and institutions lending it, borrowing it, and managing it along the way. To do this, we are using the power of the internet to facilitate one-to-one connections that were previously prohibitively expensive. Child sponsorship has always been a high overhead business. Kiva creates a similar interpersonal connection at much lower costs due to the instant, inexpensive nature of internet delivery. The individuals featured on our website are real people who need a loan and are waiting for socially-minded individuals like you to lend them money.

How Kiva Works

Choose an Entrepreneur, Lend, Get Repaid

The below diagram shows briefly how money gets from you to a developing-world entrepreneur, and back.

1) Lenders like you browse profiles of entrepreneurs in need, and choose someone to lend to. When they lend, using PayPal or their credit cards, Kiva collects the funds and then passes them along to one of our microfinance partners worldwide.

2) Kiva’s microfinance partners distribute the loan funds to the selected entrepreneur. Often, our partners also provide training and other assistance to maximize the entrepreneur’s chances of success.

3) Over time, the entrepreneur repays their loan. Repayment and other updates are posted on Kiva and emailed to lenders who wish to receive them.

4) When lenders get their money back, they can re-lend to someone else in need, donate their funds to Kiva (to cover operational expenses), or withdraw their funds.

None of your loan gets used up by Kiva itself. They are paid by grants, donations of 3rd parties, including Lenovo, our laptop sponsor. 100% of your loan gets to the local microfinance partner.

Do More

When you buy these books, through these links, you will support Kiva (they get a percentage).

For Kids


One Hen: How One Small Loan Made a Big Difference
, by Katie Smith Milway, illustrated by Eugenie Fernandes
Inspired by true events, One Hen tells the story of Kojo, a boy from Ghana who turns a small loan into a thriving farm and a livelihood for many. One Hen shows what happens when a little help makes a big difference.


Rickshaw Girl
, by Mitali Perkins, illustrated by Jamie Hogan
Naima, a ten-year-old Bangladeshi girl has a series of misadventures while trying to help her family earn money. Her talent for painting leads to an unexpected opportunity, while young readers get to learn about microfinance through a colorful woman-owned rickshaw shop.

Books

  • Banker to the Poor: Micro-Lending and the Battle Against World Poverty, by Muhammad Yunus
    This is a great introduction to microfinance – an easy read which tells, in his own words, the story of how Muhammad Yunus started Grameen Bank (one of the first microfinance operations which is now an independent bank in Bangladesh).
  • The Economics of Microfinance by Beatriz Armendariz deAghion and Jonathan Morduch
    Not for the weak of heart – this is a very in-depth book focusing on the economics of microfinance, which is used often as a college text book.
  • The End of Poverty: Economic Possibilities for Our Time, by Jeffrey Sachs.
    Jeffrey Sachs has a 9 step plan to eliminate extreme poverty by the year 2025. Not directly related to microfinance, but directly related to the reason Kiva facilitates it.
  • A Billion Bootstraps by Philip Smith and Eric Thurman
    A bold manifesto by two business leaders, A Billion Bootstraps shows why microcredit is the world’s most powerful poverty-fighting movement-and an unbeatable investment for your charitable donations. A Billion Bootstraps explains how ordinary people can accelerate the microcredit movement by investing charitable donations in specific programs and then leveraging those contributions so the net cost to lift one person out of poverty is remarkably low.

FAQ

August 15, 2008 by  
Filed under

Where and When

Where are you going?

  • The plan is to cycle through America, from the North of Alaska to the South of Tierra del Fuego, Argentina. Note that America is not the same as the USA. We want to see America and the USA is one country on these two continents.

Straight down?

  • Well, straight down is impossible, you would hit water already in Alaska, but even in a straight line is not possible. The fastest route would be more or less straight to Panama, fly or sail to Colombia, then down the west coast of South America, over the PanAmericana.

So how far is that, 16.000km, about 10,000 miles?

  • It might be if you could go straight down. We think we will have cycled at least double that distance (about 35000km) as we want to visit every country on the mainland, so including all the small countries on Central America and all the larger countries in South America.

How much do you cycle every day?

  • Usually between 50 & 100km, depending on the wind, road surface, health, bike problems, interesting places and people.
  • We will not cycle every day, we will take longer rests in interesting places, so our average will likely be around 50km/day or even less.

How long will this trip take?

  • We think about 2.5 years, give or take a few months.

Why 2.5 years, why not 2 or 3 years?

  • We have to start in Alaskan summer, so July (June is considered Spring, August Fall, the rest is winter in Alaska). As the Southern hemisphere has reversed seasons and we want to arrive in summer as well, we need either 1.5, 2.5 or 3.5 years. 1.5 is too fast, 3.5 a bit slow…

Who & what

Who are you?

Argentina & The Netherlands? So where did you meet?

  • In Tibet. She was cycling from Malaysia to India, I was climbing Mt Everest. We got engaged two years later on the summit of Kilimanjaro, 3 weeks before the start of this cycle trip.

Tibet? Kilimanjaro? Eh, ok. So you like travelling. Where else have you cycled before?

  • Ivana has made one very long trip: first around New Zealand, then from Malaysia to India, passing Thailand, Cambodia, Vietnam, Laos, China, Tibet & Nepal on the way. Then she cycled for a month in Turkey and has also cycled in France.
  • Together we cycled in Italy for a month.
  • I (Harry) was raised in the Netherlands, so was practically born and raised on bicycles. Previously I have not made any very long cycle trips, but have done some shorter touring of 2-3 weeks per trip (Belgium – Normandy – Jersey -England; Wales, Ireland, Northern Ireland – Scotland; Amsterdam – Zermatt on a tandem).

What bicycles do you use?

  • We ride on the perfect travel bike: Dutch made to order Santos Travel master, aluminium frame, 26″ wheels. Tubus racks and Ortlieb bags see for more details the gear pages.

Website:

How does this website work?

  • well you found the FAQ, so you seem to have some idea already. On the homepage you see 4 tabs with a photo and shortcuts to the last 4 posts.
  • You can check older trip reports in may ways: check archives, trip reports, search for words, browse by categories (the second/lower top menu) or use the tags system, which is a bit more detailed than the categories.
  • You can contact us through the contact form and we love feedback on our posts, so please leave some comments when you read the posts. You will be asked to verify that you are a human being (and not a spam robot) by typing some random code. Though this might be difficult and annoying, it saves us hours of time and helps to control spam.

Will you write reports every day?

  • We will try but already know that it will not be possible as we will be too tired, to grumpy, too out of battery power, or too far away from any internet connection. So likely we will write in batches, whenever we have a few hours or day off and post them when needed.

So do I need to check every day to see if you updated something?

  • No, you can make it much easier to follow us: either add our RSS feed to your feed reader, so you get a notice when a new feed is available
  • If you have no idea what RSS is, just subscribe to our mailinglist and get a maximum of one email every day new updates are posted. You can do this on every page, see the box at the right side, near the top of the page or just click here.

Why does http://WorldOnABike.com change to http://harry.biketravellers.com ?

  • World On A Bike .com is just easier to remember and to tell people. It automatically forwards to the real website which is located at harry.biketravellers.com. On http://BikeTravellers.com everybody that cycles can open a free weblog (yourname.biketravellers.com), try it yourself, many others have already done so.

Where are Ivana’s reports?

What are those ‘Google Ads’ I see on many pages?

  • These are small advertisements, supplied by Google. We do not choose them, the content is based on the content of the page, so a page about Alaska will give you ads about Alaska tours or land. It might show things we do not support, like drilling for oil in Alaska.
  • Every time somebody clicks on them, we get a few cents, which helps to pay for our website costs. So if you are interested in the ads, please check tem out as you are helping us.
  • Do not just click a lot of ads just to help us, as Google might ban our account if some people repeatedly click our ads from the same computer/IP address. So only check the ones that are interesting to you.

How & costs & support

How can you afford such a trip?

  • We spend much less than you think, we saved some money the past years and might make some more on the way.

So, how much will you spend?

  • North America will be the most expensive: until we reach Mexico, we will spend about $15 per day (together). This means less than $3000 in the first 6 months.
  • Then from Mexico down it will probable be less than half of that.
  • In total should be less than $10,000 together for the entire trip.

That is less than my parents spent on a luxury 2-week safari trip last year! How come you can live so cheap?

  • We do not need much. We have our tent, so we do not need to pay for hotels. We camp out in the wild or at people’s lawn’s, so do not pay for expensive campsites. We will stay in cheap hostels in cities -in central America, you can get these for a few dollars-, but will also do a lot of Couchsurfing/Hospitality clubbing/ WarmShowering: staying with people for free, in return we will host them later.
  • We cook ourselves, so all we need is some pasta, some veggies and some candy bars to get us through the day. We drink water we get from people or take it from streams and purify it with our Steripen. We recharge our batteries using our SolarSupra solar panel. We never buy bottled water, that is a waste of money and plastic.
  • We do not have an expensive taste and have no space for souvenirs on our bikes, so all we take home are pictures and memories.
  • Our sponsors supplied us with most of our gear, so we had little costs up front.

It is still a lot of money, don’t you have any other costs as well?

  • We do not have kids, we do not have a car and have no debts, we never bought and will not buy anything we cannot afford. We have a house, but that is rented out so almost pays for itself.
  • So things we need to pay are: food & drinks. Sometimes camping fees (mostly we camp in the wild or on people’s lawns); Internet connections along the way, spare parts for our bikes; replacements for clothes we wore out; park fees; visa fees; entry fees for places we want to visit etc.
  • It is hard to plan exactly how much we will spend, but we want to see things along the way and will buy some dinners or breakfasts along the way when we are too tired or lazy to cook or think we deserved it after cycling another 1000km or a tough day. Basically we are on a tight budget, but will not let this stop us from enjoying the places we visit.

Is there any way we can support your trip?

  • Yes! Many ways, first of all you can sign up for our newsletter or RSS feed. Forward them to others that might enjoy reading travel stories, stories about people and culture, cycling, environmental issues, America.
  • Leave comments on the posts. We love to read them, they keep us going. Small notes from friends and strangers are huge boosts for our confidence and can help us through rough and difficult times.
  • Just think of this website as a free interactive travel magazine subscription. If you enjoy reading our stories and seeing our photos, you can thank us by donating some money using the form on the right side of every post and page, using PayPal or credit card. Every small amount is welcome, just think what you would spend on a magazine or book.
  • Check out the Google ads if there is something interesting for you (do not click them all just to help, see notes above).
  • Link to our websites or specific reports or photos from your own website or blog. Add us to Stumble Upon, ReddIt, Digg etc. get the word out that it is possible to travel by bicycle!
  • Invite us to speak in your town. We can give presentations about our trips, about climbing the 7 summits, cycling Asia, Bike Travelling or a photo presentation of the culture and nature of the 7 continents . We can charge admission fees or just ask for donations. We love to tell about our trips and spread knowledge about cycling and the environment.
  • Buy something from our shops, see the links above. We get a small percentage of every item sold and you promote cycling!
  • Invite us for dinner or to stay at your place or recommend addresses to sleep (friends, family) or even just places to pitch our tent
  • Start cycling yourself!