Indie Credit Issues $775 in Micro Loans

Indie Credit, the quarterly Toronto concert series to raise money for Kiva has issued it's first round of micro loans. Small loans have been issued via the Indie Credit team to entrepreneurs in Togo, Nigeria, Peru, Nicaragua, Samoa, Veitnam, Tajikistan, Cambodia, Mexico, Bolivia, Uganda, Pakistan, Afghanistan, Guatemala, Lebannon and Ghana. Some of the loans have already begun to be repaid. For information on the individuals who have received the loans and the kinds of business' they are pursuing here.

The next Indie Credit show is scheduled for Thursday, April 29 - I'll post the info here, but to keep up on everything you really should join the Facebook group.

First Indie Credit Show Coming to the Rancho

On January 29 the Rancho Relaxo (300 College St., Toronto) will host the first indiecredit show.

In case you've missed my previous posts on this indiecredit shows will pool all of the money paid at the door into a Kiva Account the money would (as you would expect from a Kiva account) then be used to make micro loans to help people in the developing world become economically self sufficient.

In the simplest terms: "If you give a man a fish he'll eat for a day, if you teach him to fish" Kiva is where you loan people who already know how to fish the money to buy a fishing pole.

The January 29 show will feature the Lovely Killbots "(a piano/drum duo) were assembled with the utmost love and care in a downtown factory by brilliant scientists and a student assistant who didn't quite know what he was doing but made really, really good coffee", as well as the Wilderness of Manitoba and Wendy Leung. Doors are at 9 pm and the cost is a whopping $5. Come save the world with indie music and beer!