The University of Alberta Engineers Without Borders chapter presents RAIIN: Rethinking Awesome International Investment Now.
Put together your team of micro-financiers and compete to see who can lend the most money through KIVA! Kiva (www.kiva.org) is a non-profit organization that allows you to lend as little as $25 to an entrepreneur of your choice, anywhere in the world.
You choose who to lend to – whether a baker in Afghanistan, a goat herder in Uganda, a farmer in Peru, a restaurateur in Cambodia, or a tailor in Iraq – and as they repay their loan, you get your money back. It’s a powerful and sustainable way to empower someone right now to lift themselves out of poverty! Did you know that: the current repayment rate for KIVA loans is 98.38%? For more info and contest rules, check out the About page.
To register a team, fill out the form at http://www.ualberta.ewb.ca/raiin. Complete instructions will be emailed to you when the contest starts! If you don’t have a team and would like to be placed on one, indicate this on the form under “Group Name”.
