Beyond Money: Other Ways to Give

By: Andrew
Andrew is a participant in Allowance for Good's Fall 2015 Emerging Leaders in Philanthropy class in the Elmhurst location.

"I choose to be #UNselfie because...
helping others is better for the whole world."

I am using what I have learned from this class in several ways. First, I have my Awareness Project. Some of my friends and I are donating not money or that much time. Instead, we are donating our knowledge. We had our other friends come up with games for the kids at Las Tías in Nicaragua. The game had to be fun enough so kids would stay to play it after school but educational enough because it is a school-like program. We came up with board games for 4-5 year olds and some for older. We also made them the best we could, not just scribbling. We decided to go with making games and lessons for Las Tías because of the "Tías" came to visit our class from Nicaragua. Her name was Grezelda and her story inspired us to help her out. We also know that a small contribution can make a big difference. If we help the future, they can help themselves. I'm not saying our contribution will change Nicaragua, but it could help change a community, which we thought was really cool. And that community can fend for itself and develop more and become something special. I also found it great how not every person needs 1,000 dollars. Would they appreciate that? Yes, but not as much as a personal connection to the donor. I'm not quite sure how to describe it but it is more satisfying from the donor of time or money and more helpful for the receiver. I'm also trying to get people to think about going on AfG's mission trip this summer in Quito, Ecuador. It is a great way to see beautiful landscapes and start your career, so to speak, in philanthropy.

We also talked about global development. As we know, there are many countries still finding their legs. I feel that donating time, money, or goods to someone who in turn, can help a community, a town, or just a neighborhood in a developing area is the best way to get involved in philanthropy. One way we learned how to do this is microfinance. Microfinance is like winning the lottery, you pit a little in and get a lot out. Except not just you benefits. A place anyone who may read this can do that is Kiva. There, you can put $25 in and help get a business started. As I mentioned before, that business can support many things and help a community grow. And then, the business owners pay you back. So you can circulate your $25 and help hundreds of people or take it out and get your $25 back. Pretty nice isn't it.

Microfinance and Micro-entrepreneurs

By: Julia
Julia is a participant in Allowance for Good's Fall 2015 Emerging Leaders in Philanthropy class in the Elmhurst location.

"I am a Catalyst for Good because...
I can be the change I want to see in the world."

Micro finance is a form of philanthropy, that is also a bit like charity. Micro finance has to do with giving money to someone in need. That person is called a micro-entrepreneur. They may want to start a business or keep theirs running. Giving them this money will help boost them up. But, the interesting part about micro finance is that the entrepreneur pays you back. This creates a connection between you and this other person all the way across the world. You communicate to keep checking up on them, and once they pay you back, you can use that same amount of money to loan to someone else. It's a very self sustaining system. I really like micro finance for that reason.

I think this is a very good idea. It's self sustaining, and easy to give too. You don't need to give a large amount of money to make a huge impact. It also creates a connection between two people from different parts of the world. This helps create awareness and a sense of oneness. It impacts not only the person receiving the money, but the giver as well.

Since the money is paid back after the entrepreneur is able too, you can keep on giving that same donation. It also helps make it seem like the entrepreneur is a business partner, rather than a helpless victim. I believe this will help people not be so scared or feel so disconnected from people in need of financial aid.