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SHAWNIGAN LAKE, BC   December 20, 2006 / GoodWire News /

The check from our first advertising sponsor, WealthMoneyAndPower.com has cleared!

These guys have created a super membership website that reveals to you how to acquire wealth and accumulate personal power in your own life.  Not wealth like mansions and a half-dozen exotic cars, or power over others - but abundance for the basic things you need in life - and the personal power you require to achieve those goals most important to you.  You'll learn how to deal with everything that may be holding you back from achieving your greatest dreams.

"Whatever the mind of man can conceive and believe, it can achieve."— Napoleon Hill

Please, take a moment to visit our first sponsor!


Kiva Receives 100% Of Ad Revenues.

I have given 100% of the funds ($200 for a 2-month ad placement) to Kiva.org.  In the future, I will be keeping 20% for operating costs to maintain and improve GoodWire.org, but for now I'm giving the money to Kiva.org to get the ball rolling.

As usual, I have given loans of $25 toward each of the businesses I have chosen to sponsor - a total of eight this time around.  GoodWire.org has now given a total of $500 to 20 people (site takes a few seconds to load.)

If you are wondering why I don't lend all of the money toward a single business - it is simply to reduce the risk of a default on the entire amount (should that particular business venture fail to repay the loan.)  This way, if any given business fails, only $25 will be lost.

Once the money has been repaid, it will be loaned out again - so there will be an ever-increasing pool of funds that will continue to help more and more people.  To date, the organization through which we lend out the money, Kiva has a 100% repayment rate.

In the history of microfinance (small loans to individuals in developing and transition countries), according to The United Nations Capital Development Fund, shows there is an average repayment rate of 97% worldwide.
 

It is the intent of GoodWire.org to give 80% of our monthly advertising revenues toward continually funding these new small businesses.  By visiting this site regularly, you are helping people create businesses and provide for their families (by generating ad-views for our paying advertisers.)

Isn't that pretty cool?  Click here to find out who we've helped already... (site takes a few seconds to load)



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Patrick Richardson
Webmaster,
GoodWire.org
 

 


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