Help me spend our money

One of the perks of joining the FTBorg collective, aside from the fact that I now share internet real estate with personal heroes of mine, is that my traffic generates revenue. Well… your traffic generates revenue, through a formula based on number of hits and ad sale rates and other numbers that aren’t worth going into. While I do aspire to one day make my living as a writer, the fact that I get any recognition at all for my efforts at this comparatively early stage of the game is incredibly gratifying. I am deeply indebted to all of you who make the Crommunist Manifesto part of your regular reading.

Which brings me to a bit of a conundrum – one I’m hoping you’ll help me out with. I live simply, and in pretty comfortable circumstances – I don’t have a family to support or a vicious drug habit (coughcoughJasonThibealutcough). As a result, the marginal utility of the money the blog makes each month is, for me, pretty low. There are people, however, who could really do something amazing with the 40 or so dollars that this site brings in each month, and many of them are listed at Kiva.org.

For those of you who don’t know, Kiva is a microlending site, where people loan small amounts of money to development projects. The money is usually paid back, and can then go toward financing another loan. They are, apparently, very successful and have a remarkably low rate of default. I figure there’s no better way to put this stuff to use, and I was hoping you could help me.

Every month, when I receive may big fat paycheque, I will open up nominations for a worthy project. What I hope you will do is browse Kiva’s website and suggest a cause that you think is the best candidate. I’ll look through your suggestions and pick one. As the loans are repaid and the blog generates more revenue, we will be able to fund multiple projects every month.

So here’s the kickoff post:

For the month of October (the first month this site went live), we made $46.38.

Total amount loaned so far: $0
Total loan funds repaid: $0
Fund balance: $46.38

Where should our inaugural loan go? Put your suggestions in the comments and I will announce the winner in a week’s time.