Every time you buy one of our sweatshop-free liberal t-shirts, we send a dollar off to a liberal political cause and another dollar to aid in overseas economic development. When we found out that the microcredit institution Kiva was charging its lendees exorbitant interest and fees, we shifted our giving to outright microgrants instead. But we still have some rotating funds in the Kiva system, which we are reinvesting into a small set of zero-interest loans there through the Nicaraguan ADEPHCA lender. Eventually, as Nicaraguan borrowers occasionally default without penalty from ADEPHCA loans, our balance in Kiva will fall to zero.
Our latest zero-interest ADHEPHCA microloan goes to Lesbia Pantoja of Bluefields, Nicaragua. She’s buying some used clothing to resell at a profit in her store. Best of luck to her.