The Bestest Father's Day present ever!

My daughter dropped by yesterday.  No surprise there really.  It was Father's Day and I'm her Dad!  We are really close and no matter how old she gets, she'll always be my little girl and yet, I am so proud of the woman she's become!

The real surprise was her Father's Day present to me.  It wasn't overly expensive.  She didn't have to go to a great deal of trouble to get it.  In fact, all she had to do was sit at her computer, hit a few keys and then hit print!

They say that it's the thought that counts.... and her thought may continue "counting" for ever!

My wonderful, thoughtful daughter gave me a Gift Certificate so that I would begin "investing" with KIVA.  KIVA is a microlending system where you can lend money (as little as $25) to entrepreneurs that don't have the access to a banking system as they live in poverty or don't have the resources or credit necessary to qualify for a loan.

These people apply for loans for all sorts of needs, many to start or build small businesses to climb out of the poverty.  The repayment rate is approximately 98% and you can review all of the different applicants in a variety of way, from how much they are looking to borrow (you can contribute any or all of the request), how much more they need to raise before they can be advanced the loan, what part of the world they live in and more!

Once I reviewed all of the prospective applicants, I chose a young woman much like my daughter, who lives in the Philippines and required a loan to repair and buy new fishing nets.  She promises to repay the loan within several months.  Once the loan is repayed, I will have the choice to take my money back or reinvest it with someone else.

The interest earned - NOTHING!  The payback - knowing that, through my daughter's thoughtfulness, I have helped some motivated young person get a "hand up" to escape poverty and the wonderful feeling that gives me.

You can also join or create a lending group to create a community of like-minded individuals to fund great and lesser causes!  I have created a lending group or team called "Real Estate Professionals for KIVA"  Please consider joining me in helping to help others get a "hand-up" instead of a "handout"!

here is the Lending Team invitation text that may discribe the whole thing better than I am able to:


I want to recruit you to my lending team, Real Estate Professionals for KIVA, on Kiva, a non-profit website that allows you to lend as little as $25 to a specific low-income entrepreneur across the globe. You choose who to lend to - whether a baker in Afghanistan, a goat herder in Uganda, a farmer in Peru, a restaurateur in Cambodia, or a tailor in Iraq - and as they repay the loan, you get your money back.

If you join my lending team, we can work together to alleviate poverty. Once you're a part of the team, you can choose to have a future loan on Kiva "count" towards our team's impact. The loan is still yours, and repayments still come to you - but you can also choose to have the loan show up in our team's collective portfolio, so our team's overall impact will grow!


Comment balloon 8 commentsRick Sergison • June 23 2009 12:37PM


What a very interesting and thoughtful gift from your daughter!!  I'll head over there and see what it's all about.

Posted by Jim & Maria Hart, Charleston, SC Real Estate (Brand Name Real Estate) almost 11 years ago

Hi Rick;

Congratulations and I am glad you had a great fathers day, great information.

Posted by Anthony Stokes-Pereira, Realtor (Better Homes and Gardens Rand Realty) almost 11 years ago

This is a great site, my daughter introduced me to it as well. Glad you enjoyed it.

I hope you'll remember me if you learn of anyone moving to "The OC" and I will do the same!


Best regards.

Michael Caruso, Broker ABR ABRM CRB CRS GREEN GRI

2007 President, Orange County Association of Realtors           

Posted by Michael A. Caruso (Surterre Properties) almost 11 years ago

I have watched a show regarding this type of loan system.  Very cool.  What a wonderful thoughtful gift that will keep on giving long after the celebrated holiday is over.   Thanks for sharing.

Posted by Tina Allen (Exit Realty Tri-County) almost 11 years ago

As a new father I an experiencing this day from a different truly is a special day!

Posted by Jeremy K. Frost, Associate Broker, CNE, CRS, ePro, PSA, ABR, SRS (Keller Williams Realty) almost 11 years ago

Hi Rick,

I was just told about KIVA the other day by a neighbor; I was going to do a blog on it...but

Posted by Terry Chenier (Homelife Glenayre Realty) almost 11 years ago

Thanks everyone, for dropping by and commenting!

Terry - Blog away!  I'm sure that KIVA wouldn't mind the extra exposure - and Lord knows that for me to object would be to deny the meaning behind the giving!  I think that if ever member of AR, all 150,000 of us, did one blog about an organization such as this and others, we could have a huge impact on the world!  (Make sure to send me a link to your blog when you do it and please consider joining KIVA and my "lending team" so that we can get more AR Members working together to make a bigger difference!

Jeremy - from a relatively experiencedveteran of Father's Day - welcome to the club and may you have many more happy ones!

Tina - Yes!  I hope to add to my KIVA loan portfolio every Father's Day (and any other Holiday for that matter!) Now I know what to tell people to get me when they can't think of anything else!

Michael - Then you must be as proud of your "offsprung" as I am of mine!

Anthony - Thanks for your comment.

Jim and Maria - Do check it out!  I found it really interesting to see just what a small amount of $ could do to help someone and I researched fairly in depth to choose who I wanted to invest in.  Doing the research itself was interesting and fun.

Posted by Rick Sergison, Durham Region Real Estate Blog (EXP Realty of Canada Inc., Brokerage) almost 11 years ago
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