At Reliable Income we know success in business isn’t just measured by the profits made. We believe that it is our duty as passionate entrepreneurs and global citizens to also help those less fortunate create a brighter future for themselves.
So we decided to take action and do something about it!
Here’s how…
For every student that is approved to join the Academy, we make an interest free micro-loan to a third-world entrepreneur via Kiva.
Kiva.org is a non-profit organization with a mission to provide safe, affordable micro-loans to third-world entrepreneurs in need. Kiva gives those more fortunate (like you & I) the direct ability to help profoundly change another human beings life for the better.
These loans enable people to buy seeds to grow crops, inventory to expand stores or equipment to increase production efficiencies.
The truly amazing part is that this is not a donation, it’s an interest free loan. This means it gets paid back and the original amount keeps funding other Kiva entrepreneurs! This in turn helps so many less fortunate people in third-world countries create better lives for themselves and their families. 100% of every dollar lent on Kiva to the entrepreneurs goes to helping them. Kiva does not take a cut. When it is repaid it get's lent again to another third-world entrepreneur which keeps the good going.
So as a community, Reliable Income students are not only trying to create a better future for themselves, they are also helping do so for many other entrepreneurs that have far fewer opportunities!
In the day to day ‘busy-ness’ of business it’s easy to forget how good we really do have it. Kiva gives a real sense of perspective and reminds us that so many people on our planet have far more limited opportunities and resources than we do. There’s no greater satisfaction than helping to create a better future for another human being!
We hope you also draw daily inspiration from all the Kiva entrepreneurs you will help by joining Reliable Income.
For more information go to https://www.kiva.org/lender/reliableeducation
Here is an example of just one of the hundreds of entrepreneurs that we have supported to date:
Mariam - Rwanda, Africa.
Mariam is the CEO of Academic Bridge, a technology company that offers improved data management software to schools in Rwanda. Mariam is smart, driven, and leads a talented team of five people committed to providing better quality services to East Africa's education systems.
Currently, Academic Bridge works in 21 schools in Rwanda supporting the data collection and tracking of 14,700 students. Academic Bridge is poised to grow to more than 200 schools in Rwanda, Burundi, and Uganda.
The team, under Mariam's leadership, has already successfully repaid a loan of roughly 4,700,000 Rwandan Francs, and they are now using these new funds to grow their operations and support more schools.