Posts Tagged ‘internet student loans’

Hi, all.

The blog entry I wrote on Monday entitled Making a Difference in the World is part of a blogging challenge for a charity called Vittana. Vittana had some technical issues earlier this week, so I just got the language to insert at the bottom of the blog entry. I checked the charity before participating to make sure it is legit. I welcome all of you to do the same and let me know if you find anything of concern.

Nobody should feel pressured to participate in the challenge, but I want to invite anyone to participate who **wants** to do so. In a nutshell, you loan money (I believe the minimum loan is $25) to a specific college student in a third world country who doesn’t have the funds to complete college. (You choose the student yourself — profiles are online.) College costs as low as $2 a day in some of these countries, so at $25 loan is a HUGE contribution (versus here in America where that barely buys you a cup of coffee!).

After the student graduates, he or she pays you back. From my research online, it looks like the repayment rate is in the 97-99% range, which is incredible to me! Then, you can withdraw your repayment or apply it to toward another student. I plan to do this myself (although I need to get my kid to school right now — I want to take my time in choosing which student to sponsor).

Again, NOBODY should feel pressured to participate. I am choosing to participate in making a loan and blogging about making a difference because I believe this is a worthy cause. This blog’s primary focus is healing, not fundraising, so feel free to ignore this opportunity if you don’t feel drawn to it.

Photo credit: Hekatekris

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