Over the past week, the GoldSeek-SilverSeek micro-lending team’s total loan amount surpassed the $30,000 mark -- up to $32,950 this morning Sunday, September 23. Nearly 1,200 loans to groups and individuals all around the world have been impacted by our lending efforts.
Our 2012 lending goal of $15,000 has been achieved, now standing at $17,550 in loans for 2012, and we now have increased our challenge for our team to reach our new 2012 goal of $25,000.
Please consider taking some of your money out of your nearly 0% APR return “savings” account and put it to good work and become a micro-lender.
Join our Goldseek-Silverseek team today and begin helping others from all around the world.
Better Places to Keep Your Money than the Bank
My local bank in Colorado is literally offering to pay me no interest --just an offensive 0.10% annually, before taxes. The interest rate doubles to 0.20% when the balance exceeds $50,000.
Absolutely no incentive when one considers the risks the bank imposes on your capital, retaining only pennies on the dollar of your money, then leveraging your capital -- fractional banking. How can I be interested in a 0% savings rate deposited at a relatively risky institution while supporting the fractional banking system?
While I do keep a small percentage diversified outside of gold and silver in dollars, I have found better ways to not only keep my money out of my bank but to help others at the same time.
Run Your Own Bank – Become a Micro-Lender
Why not become a micro-lender and help others?
Micro-lending is the opportunity to lend small loans to impoverished borrowers who typically would otherwise not have access to capital. The microcredit concept is “designed not only to support entrepreneurship and alleviate poverty, but also in many cases empower and uplift entire communities.”
Leveraging the internet and a worldwide network of microfinance institutions, you can now lend as little as $25 to others (see example $825 loan below). These micro-loans provide an opportunity to help build and create wealth for those where it was not possible before.
$32,950+ Lent | 1,178+ Loans -- Join Team GoldSeek.com & SilverSeek.com!
At Kiva.org, you can loan your money to a global network of entrepreneurs looking for short-term capital. You can see and review (see sample loan below) who you lend to. Starting with just $25 at a time!
Since 2005, Kiva has lent over $335 MILLION in loans with a 98.98% repayment rate. Average loan size is $396.76 and there are over 1.2 MILLION Kiva lenders.
My personal repayment rate over the past several years has been 99.47% with a 0% exchange rate loss.
Kiva Team GoldSeek.com and SilverSeek.com has made a huge impact already with $32,950 from 1,178 loans. Please look at the charts below for some more team impact statistics.
What do you have to gain? Just try one $25 loan!
Take your money out of the bank and help create wealth and prosperity for those who really need help. You can positively impact the lives of many while taking on minimal risks.
I see no reason to keep savings in a bank paying you virtually 0% when the same 0% loan could instead go and help many others.
Please join our team right now at Kiva to help give thousands more the opportunity to help themselves improve their lives and the lives around them!
Look forward to seeing you there,
- Peter Spina, President GoldSeek.com & SilverSeek.com
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