EDMONTON, AB, September 27, 2010 (Press-News.org) Saying that he wants to help budding entrepreneurs around the world to earn their way out of poverty, Jesse Willms donated $25,000 to the Kiva Foundation.
"In the 21st century, poverty doesn't need to exist," Willms said. "Working with organizations like Kiva, we can make it a thing of the past."
The Kiva Foundation provides microloans for people in Third World countries who want to start their own small businesses. When people start their own companies, they are often able to break the cycle of poverty and join the middle class - while functioning as a symbol of hope for their entire communities.
It costs very little to start up a business in a developing country - often less than $300. Banks, unfortunately, are unwilling to make loans to cover these start-up costs. Kiva fills the gap by matching these would-be entrepreneurs with people who are willing to provide them with start-up resources.
"I am proud to give people a helping hand and the opportunity to better their lives," Willms said. "If you give a person a fish, you feed them for a day. If you teach them how to fish you help them feed themselves for the rest of their lives."
Kiva loans have an outstanding success rate. More than 98 percent of them are paid back -a much higher rate than most bank loans. The majority of Kiva loans are made to female entrepreneurs, providing a level of independence that is rare for women in many developing nations.
Jesse Willms' donation to Kiva will help 250 people get their businesses up and running. As each loan is paid back, Willms will use that money to fund additional entrepreneurs, in an ongoing cycle.
"I started out supporting Kiva this summer with a $1,000 donation that helped 10 people start their own businesses," Willms said. "All of them became successful, so I decided to make a much larger commitment and partnership with Kiva. I respect success and am more than willing to reward it."
Internet entrepreneur Jesse Willms knows very well what it is like to start your own company. He began making money online when he was only 16 years old, buying and selling computers and software online. By the time he was 22 he had launched several successful companies.
"I know how these people feel, and I fully support their drive to create profitable companies," Willms said.
Willms started giving money to charities this summer after he was inspired by the philanthropic efforts of Bill Gates and Warren Buffett. He has since partnered with several charities, most of which help women and children.
Some of the entrepreneurs Jesse Willms has helped are:
Batmunh Naidansuren - Retail, Mongolia
Twegatte Women's Group - General Store, Uganda
Van Peov - Farming, Cambodia
Berdimurat Suragan - Bricks, Mongolia
Luz Gladis - Pigs, Peru
Artak Minasyan - Agriculture, Armenia
Website: http://jessewillmscommunity.com/?p=116
Internet Entrepreneur Jesse Willms Donates $25K To The Kiva Foundation
Philanthropist Jesse Willms donated $25,000 to the Kiva Foundation to help budding entrepreneurs around the world to earn their way out of poverty.
2010-09-27
ELSE PRESS RELEASES FROM THIS DATE:
Stealth Energy Inc. Releases Summer Summary and Commences Drilling Program
2010-09-27
Stealth Energy Inc. (the "Company") now reports that site preparation on its Montana Trailblazer project is now largely complete. There were a series of delays due to an unusually wet summer. The Capstar (Elenberg) drilling rig is now on the Trailblazer project site in Rosebud County, Montana, for the commencement of its drilling program.
The "work over" of its Teapot Dome property in Wyoming, that took place throughout the summer, is now successfully completed. This consisted mainly of replacement of rods and tubing and winterizing of the system. The Company as a result ...
Win a Kobo eReader at the Virtual Launch Party & Book Tour for LANCELOT'S LADY, a Contemporary Romantic Suspense by Cherish D'Angelo
2010-09-27
The "Cherish the Romance" Virtual Launch Party & Book Tour kicks off on Monday, September 27th, 2010, from 9 AM to 9 PM (Mountain Time) to celebrate the launch of LANCELOT'S LADY.
Win a Kobo eReader! Free ebooks! Other Prizes!
LANCELOT'S LADY by Cherish D'Angelo ~
When palliative care nurse Rhianna McLeod is given a gift of a dream holiday to the Bahamas from her dying patient, billionaire JT Lance, Rhianna has no idea that her 'holiday' will include being stranded on a private island with Jonathan, an irritating but irresistibly handsome recluse. Or that she'll ...
GI Monitor, (IBD) Crohn's and Colitis Symptom Tracking Application from WellApps LLC, Expands to Android and Adds Real-time Sync Across iPhone, iPad, Android and Blackberry
2010-09-27
WellApps, LLC announced today that it has expanded GI Monitor, its successful (IBD) Crohn's and Colitis symptom tracking application, to Android phones in response to patient demand. GI Monitor is a free symptom tracking service that allows patients to log IBD symptoms such as bowel movements, pain and stress and make correlations with medications and diet. Detailed reports and charts can be printed or emailed to physicians, resulting in optimal treatment. The service, which is free to patients, is now available for iPhone, iPad, iTouch, Android and Blackberry and supports ...
EFMD Publish Free to Download Book - The Sustainable Business
2010-09-27
The Sustainable Business dispels the common belief that sustainability is solely about going green. Sustainability is about sensible business and it covers the legal, financial, economic, industrial, social and behavioural aspects of business. In particular, sustainability is about measuring and controlling expenses wherever they arise, whether through the husbanding of scarce raw material resources or the use of energy. Measurement and control are something that every businessman or businesswoman can understand.
Distributed free by the EFMD the book is designed to help ...
Deaf Fundraiser Seeks to Raise $2,500
2010-09-26
As part of "Deaf Awareness Week," hearing impaired Green Spin author John Pilmer solicits public support for a fundraiser to benefit the Utah Schools for the Deaf, a non-profit organization. Ninety percent of all proceeds go directly to the schools.
"I've been fighting hearing loss my whole life," said author John Pilmer. "If we can help even one other person prevent or deal with hearing impairment, we want to do it."
The fundraiser will run between Sept. 27 and Oct. 11, and seeks to raise $2,500 or more. Contributors may give any amount of $1 or higher at http://www.greenspinbook.com.
The ...
How much time is too much to close a deal asks A Neumann Associates
2010-09-26
The one question sellers consistently raise is how long will it take to close a deal once a business valuation has been completed and there is an agreed upon offer in place?
As the leading business broker in NJ, we typically rephrase the question; will there be "buyer's remorse" and is the business buyer truly entrepreneurial enough to absorb the challenges and risks in a business - with the first ones typically facing her/him during the due diligence process.
More often than not, entrepreneurial skills are presumed to be ingrained with such business owner attitudes ...
CIO Summit Team Announces Agenda Details for Tech Event
2010-09-26
The CIO Summit team has announced agenda details for the upcoming technology event to be held November 7-10, 2010 in Scottsdale, Arizona. The CIO Summit brings together CIOs and senior-level IT executives to discuss the latest technology topics and trends, including cloud computing and cloud computing security, innovation, business process management, accelerating growth, and more.
The technology event is held over two and one-half days and includes case studies, think-tank sessions, focus groups, keynote presentations, and networking opportunities. A few of this year's ...
One Week Bath, LA CEO Matt Plaskoff Named Winner of Fred Case "Remodeling Entrepreneur of the Year" Award
2010-09-26
One Week Bath was also recently named in Entrepreneur Magazine's "Top 100 Brilliant Ideas" issue. These double accolades give Plaskoff and his work national recognition both inside and outside of his industry. Plaskoff was chosen by a panel of judges from Case Design/Remodeling, Inc., Hanley-Wood and Harvard University's Joint Center for Housing Studies. The judging was based on four principal criteria: business acumen; financial strength, community and industry involvement and entrepreneurial spirit.
Case Co-Chairman and Fred Case Award judge, Mark G. Richardson, CR, ...
Need a $14,000 kitchen makeover?
2010-09-26
"America's Ugliest Kitchen Contest", sponsored by Mei Kitchens, was launched to renovate the "ugliest" homes as defined by web users in the wake of a sagging economy. A contest, which has endured accusations of cheating, personal attacks on the ugliness factor of individual kitchens, and a wave of recruiting in order to generate more votes, is now inching closer to the finale. With less than 25 more entries needed to close the contest, time is running out to be crowned the winner.
The contest has given exposure to all types of kitchens, including the good, the bad, ...
Strollers Couture Reaching Out To All Childrens Hospital Foundation
2010-09-26
The leading dealer of various stroller types recently made a meaningful announcement to all their customers. Online store Strollers Couture wants the buying public to know that all stroller purchases will benefit the All Childrens Hospital Foundation, a non-profit organization. This applies to all the products sold over the internet that numbers to almost 120 stroller varieties.
Buyers in the past have found it delightful and convenient that Strollers Couture ships for free, this news about giving to All Childrens Hospital Foundation is something they truly find notable. ...
LAST 30 PRESS RELEASES:
A mother’s health problems pose a risk to her children
Ensuring a bright future for diamond electronics and sensors
The American Pediatric Society selects Dr. Maria Trent as the Recipient of the 2025 David G. Nichols Health Equity Award
The first 3D view of the formation and evolution of globular clusters
Towards a hydrogen-powered future: highly sensitive hydrogen detection system
Scanning synaptic receptors: A game-changer for understanding psychiatric disorders
High-quality nanomechanical resonators with built-in piezoelectricity
ERC Synergy Grants for 57 teams tackling major scientific challenges
Nordic research team receives €13 million to explore medieval book culture
The origin of writing in Mesopotamia is tied to designs engraved on ancient cylinder seals
Explaining science through dance
Pioneering neuroendocrinologist's century of discovery launches major scientific tribute series
Gendered bilingualism in post-colonial Korea
Structural safety monitoring of buildings with color variations
Bio-based fibers could pose greater threat to the environment than conventional plastics
Bacteria breakthrough could accelerate mosquito control schemes
Argonne to help drive AI revolution in astronomy with new institute led by Northwestern University
Medicaid funding for addiction treatment hasn’t curbed overdose deaths
UVA co-leads $2.9 million NIH investigation into where systems may fail people with disabilities
With the help of AI, UC Berkeley researchers confirm Hollywood is getting more diverse
Weight loss interventions associated with improvements in several symptoms of PCOS
Federal government may be overpaying for veterans’ health care in Medicare Advantage plans
Researchers awarded $2.5 million grant to increase lung cancer screenings in underserved communities
New trigger proposed for record-smashing 2022 Tonga eruption
Lupus Research Alliance announces Lupus Research Highlights at ACR Convergence 2024
Satellite imagery may help protect coastal forests from climate change
The secrets of baseball's magic mud
Toddlers understand concept of possibility
Small reductions to meat production in wealthier countries may help fight climate change, new analysis concludes
Scientists determine why some patients don’t respond well to wet macular degeneration treatment, show how new experimental drug can bridge gap
[Press-News.org] Internet Entrepreneur Jesse Willms Donates $25K To The Kiva FoundationPhilanthropist Jesse Willms donated $25,000 to the Kiva Foundation to help budding entrepreneurs around the world to earn their way out of poverty.