Check out Global Agents for Change

On May 31st, more than 20 people will ride their bikes 3,000km from Vancouver to Tijuana, Mexico to raise money and awareness for entrepreneurs in developing countries.

Agents of Change, a nonprofit registered charity, hopes to raise $1 million from the challenge to connect those living in poverty with microcredit – small, interest-free loans. The loans are to help entrepreneurs in developing countries by helping to get them out of poverty.

The organization is raising awareness about how microcredit can help families escape poverty, with help from its partner organization, Kiva. Kiva, a nonprofit organization based in San Francisco, provides loans to entrepreneurs in developing countries. Agents of Change, which has so far raised more than $8,000 for microcredit, is trying to raise the million dollar fund so people in developing countries can be provided with loans through Kiva.

Kiva’s website provides a platform for borrowers to post their stories, pictures, business goals and needs. Supporters can view the profiles and get a choice of who they would like to support, as well as receive information on the borrowers’ progress and how the money is being used.

Through Kiva, lenders receive their money back after the loan is repaid, but that money can also be used again to help another entrepreneur. The million dollar fund through Agents of Change, however, isn’t refundable as it’s being set up to be used as a constant source of funding for Kiva.

Through Kiva, the businesses are screened by recognized local microfinance partners. All of the funds go directly to the borrower. So far, Kiva’s repayment rate is estimated to be 97 per cent successful.

Dr. Muhammad Yunus, who won the 2006 Nobel Peace Prize and is the inspiration behind the cause, founded the microcredit bank, Grameen Bank of Bangladesh.

Skoll Foundation

The Skoll Foundation was created by Jeff Skoll in 1999 to pursue his vision of a world where all people, regardless of geography, background or economic status, enjoy and employ the full range of their talents and abilities. Skoll, who was the first employee and first President of eBay, believes that strategic investments in the right people can lead to lasting social change.

The Skoll Foundation’s mission is to advance systemic change to benefit communities around the world by investing in, connecting and celebrating social entrepreneurs. Social entrepreneurs are proven leaders whose approaches and solutions to social problems are helping to better the lives and circumstances of countless underserved or disadvantaged individuals. By identifying the people and programs already bringing positive changes to communities throughout the world, the Skoll Foundation empowers them to extend their reach, deepen their impact and fundamentally improve society.

Whole Planet Foundation

Our Mission

The Whole Planet Foundation’s mission is to create economic partnerships with the poor in those developing-world communities that supply our stores with product. Through innovative assistance for entrepreneurship – including direct microcredit loans and tangible support for other community partnership projects – we seek to unleash the energy and creativity of every human being we work with in order to create wealth and prosperity in emerging economies.

Whole Planet Foundation’s Approach

Whole Planet Foundation, a private, nonprofit organization established by Whole Foods Market, provides grants to microfinance institutions in Latin America, Africa and Asia who in turn develop and offer microenterprise loan programs, training and other financial services to the self-employed poor.

Whole Planet Foundation is authorized to work in developing countries where Whole Foods Market sources products. Priority is given to projects that demonstrate financial leverage and potential financial sustainability over time. We look for strategic partnership opportunities in areas of relative political stability.

The Foundation does not accept unsolicited applications and proposals.

Tinkosong

Tinkosong.com is a team of young Malaysians who are dedicated to collecting and distributing information about educational opportunities in and out of Malaysia. All comments, suggestions and contributions welcome.

Tinkosong was started in late 2005 after an angry blogpost about Malaysian education on Joyce’s blog received numerous comments – none of which offered a solution or an answer to the state of things. A Malay peribahasa or “wise saying” summed up the situation perfectly; “tin kosong” describes a person who complains or argues without offering a solution to the problem at hand.

And so TinKosong.com was born – a website dedicated to collecting and distributing first-hand information about educational opportunities, both in and out of Malaysia. All contributions, comments and suggestions are welcome!