Kiva – 11 months later.

I joined and gave my first loan 11 months ago. 1 Month later (almost a year ago) I wrote a blog post titled “Kiva: The Cheapest way to help poor people“. It described how Kiva is a great way to get your feet wet with giving, due to the fact that you loan money as opposed to giving it. It also goes into some depth as to the academic arguments surrounding micro-lending.

So after 11 months how do I feel? Continue reading “Kiva – 11 months later.”

Kiva: The cheapest way to help poor people

Ghana Life
Image by malan.andre via Flickr

The short explanation (for those who have difficulty reading more than a paragraph):

What is it?

  1. Basically, you lend someone in a poor country $25 so that they can use it as capital to grow their business.
  2. In a few months you get all of your money back and the borrower has grown their business and are now better able to provide for their family and help revitalize their country’s economy.

It’s that simple.

Why do it?

  1. It costs you nothing.
  2. You change someone’s life for the better and contribute to the economy of some of the world’s poorest countries.
  3. It is a lot of fun! Reading all the descriptions, finding your borrower and tracking your repayments is really enjoyable.
  4. For every person who reads this and lends through Kiva (let me know by comments on Facebook, Twitter or preferably this blog) I will contribute $25 dollars myself (so you get to make me eat my words). If you are in UBC, join the UBC group first.

So come on, go to Kiva and just try it, I promise you that you will not be disappointed.

Kiva - loans that change lives

Now the long explanation (for those of you who want some in-depth explanation).

When it comes to aid of any kind, I am a very big skeptic. Too often have I witnessed well meaning money being squandered on useless development projects. My favorite dumb project is one that I learned about one night in Ghana when I was at a bar with some friends. We met some volunteers and after a while they started to describe their project. Basically, they had been sent from Britain to teach computer literacy to people in Ghana. However, they had been assigned to a village that had no electricity, so they had to charge the laptops with car batteries (this was before the days of one laptop per child which can be charged by batteries). The project was laughably unsustainable.

Not only are there dumb projects out there, but there are so many competing theories about development aid. Some say we should donate no-strings attached money, some say we should just leave the poor to develop on their own because it provides the right incentive. There is also the consideration (the one that stops me from giving most) of “where will my money be most effective?” I would like to maximize the impact of my (very limited) funds and doing so is very hard. I am currently reading different development economic works (currently on the End of Poverty by Jeffery Sachs) and will keep on reading until I have a thorough understanding of what I can actually do to maximize my ability to relieve my home continent of the poverty and despair that it faces.

Kiva sidesteps all of these considerations. Who cares if it is not the most efficient way to end poverty?  It costs me nothing. The money is not aid, it is simply a capital loan. I have the capacity to give unlimited funds and if I decide one day that micro-lending does more harm than good (unlikely) then I simply have to wait a few months and I will not have wasted any money as I will have it all back again. From all the famous developmental economists that I have read or listened to: Dambisa Moyo, Paul Collier, Jeffery Sachs and Stephen Lewis (many of whom as a group contradict each other on most points) none of them say that micro-finance is a bad idea. some argue as to how effective it can be, but none say that it has negative impacts. Until I figure things out I am going to continue to lend on Kiva… it is simply the safest way to go if you want to make a difference.

Finally, for anyone who made their Twitter profile pictures green in support of the Iranians (and do not currently contribute in any other way to those less privileged than themselves), this is one big step up into doing something that can make an actual measurable difference (still at no cost to yourself). Seeing as the action of making your profile green has shown a will to help others, not doing as little as lending money to someone who really needs it shows that you lack any real moral capacity to put that will into action and validates every single sarcastic remark that I and some others have made about the “People’s Twitter Front”.

As for who to loan to, I prefer to loan to Women in Africa, more specifically Women in Ghana. I also like loaning to groups as there is more security. But the nice thing about Kiva is that you have choice. Find someone who’s region/plight/plans strikes a chord in you and help them out. It becomes very personal.

So go ahead, make me, yourself and most importantly a desperately struggling businessperson happy by signing up to Kiva and giving just one loan. As I said above, let me know and I will loan $25 in response.

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The two fundamental problems of education

OLPC pilot Thailand - Ban Samkha - hiking
Image via Wikipedia

While attending the 2009 Canadian e-Learning Conference I was suddenly struck by the fact that there were two very different ways that people were trying to better education. There are simply two things that need to be accomplished before education is fixed. These are:

  1. Access
  2. Reform

Access is an obvious challenge, there are too many people in the world that do not have access to a good education.  Reform on the other hand is less obvious, but also necessary, even the best education that is given to the wealthiest of people is deeply flawed and missing something essential, that education has to be fixed.

Now, here is the problem, where do we devote the most of out attention in order to have the maximum impact possible? On the one hand, giving the uneducated even the most basic education seems to be the most important, but again, do we want to be giving them a deeply flawed education? However, we can’t ignore those that suffer while we slowly chip away at the entrenched problems that education currently faces.

Since both are necessary, the only real course of action is a two-pronged approach. Whenever dealing with one problem we need to constantly be mindful of the other. This can be done as they often go hand in hand. The best example of this has to be the open education movement. By creating open and free educational resources (as well as encouraging their re-use) we not only provide access (by lowering the cost of providing/consuming education) but also help with reform, as we allow (and encourage) educators to build on and refine what others have done… creating something much better, instead of continually reinventing the wheel.

Of course, open education is not the only way that we can marry these two goals. The one laptop per child initiative, efforts to utilize technology in the classroom, project-based learning and a whole host of other movements and projects are capable or bridging the gap between these two fundamental educational goals. All that it takes is some thought, creativity and awareness. I challenge anybody who is working to try and improve education to really think about which one of the problems they are currently addressing and to look for ways to augment their effectiveness by addressing the other problem.

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Seth Godin: Create a movement

If you are one of the people who watches the TED talks often (and if you are not, it is in your best interest to become one) then you have already seen the video below.

I was introduced to the phenomenon that is Seth Godin by my friends Rob Winson and Matt Corker. Seth Godin is one of the most revered marketing gurus of our time.

In this TED talk he talks about the importance of creating movements or “tribes”. He says that every now and then “someone stands up and says: this one is important”. This is a cause that I am passionate about and I want to organize people around me to help get something done. He ends with “go out and create a movement”.

:en:Seth Godin
Image via Wikipedia

My movement is simple. Let us help to fix education. Education is broken. There has to be a better way to teach human beings to contribute to society than what we are currently doing. Studying textbooks and tests are an incredibly inefficient way of learning. Humans have evolved to rely on education. We have stopped adapting physically and are using education to drive our adaptation. In order to continue to evolve and create the best society that we can, our education system has to evolve. The fact that things are being done the same way that they were done 100 years ago is crazy. Education has to be fixed.

Now of course I don’t know what the solution is. I don’t know how to fix education, nobody. I have some ideas, but they are not guaranteed to work. What is needed is for students, educators, parents and anybody else involved in education to experiment openly and to document their successes and failures. For people to realize that things are not working and for them to work to improve them. With critical mass, we can change things.

So, wanna join my tribe?

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