Jesse Willms On Why He Supports The Kiva Foundation

Make sure that micro finance is the best way to help people in developing countries out of poverty, "said Jesse Willms yesterday the internet entrepreneur. Therefore he chooses to partner with Kiva Foundation efforts to micro-loans to Third World entrepreneurs. You you that Jesse Willms Internet success story, which recently decided to focus more time and effort to philanthropic issues. He did it because inspired by the charitable works of Bill Gates and Warren Buffet. With Willms is the Internet marketing industry for the introduction of an Internet marketing company for some time, He was aged 22 years.

Jesse Willms said he decided that one of the organizations supporting Kiva after reading about their success rate is remarkable: more than 98 percent of the loans they make to pay back. This means that the recipient Kiva it is money for a good and successful entrepreneurs. With is Kiva's innovative and simple, "said Willms. The best way to help people out of poverty and into the middle class is to help them start or develop their own business. Since this has shown that far more effectively from time to time, because only public money for a charitable foundation.

It must have to start in developing countries, the costs very little, a new company - often under $ 200 - but almost impossible to obtain for its citizens to traditional bank loans. With Kiva makes it possible to find the people, prospective entrepreneurs, see how they use the money for their business, they provide a loan if they wish. Then, Willms decided to start a partnership with Kiva by borrowing $ 1,000, given to 10 people (five men and five women) in various developing countries. When the loan is paid, he said he plans to use $ 1,000 for additional financing credit to the people. Earlier this year he announced a partnership with World Vision child relief organization. He first sponsored by World Vision and 100 additional children in foster care there every day.