Hello everyone! This is the first of my four posts over the summer around the theme of "Global Challenges: Narrowing the Gap between Developing and Developed Nations". I thought I'd start with an article from the Stanford University Alumni Magazine about Kiva, an online organization that allows people around the world to loan small amounts of money (as little as $25!) to other people in developing nations trying to start businesses to improve their lives. Here's the link to the article:
If you choose this post as one of your four for your summer project, please read the article and comment on one or more of the following questions, keeping in mind the posting requirements on the summer project handout and criteria we established at our meeting:
Possible questions to consider:
Should we as people of the richest nation in the world lead the way in helping developing nations, simply because it's the right thing to do (moral idealism)? Or should we do it because we might get something in return (political realism)? What benefits might result from assisting developing nations?
Does Kiva refute the argument that technology isolates people? Why or why not?
Are you surprised that virtually everybody who receives a loan from Kiva pays it back? If so, why are you surprised? If not, why not? Are your personal biases about developing nations reflected in your response? What is your image of the typical loan recipient?
Why do you think Kiva has taken off the way it has?