Thursday, February 12, 2009

Supporting Micro-Lending through Software?

A few weeks back, I released a beta version of a simple guided meditation program, Meditation Words to the Android Market. Android is a Linux-based smart-phone platform by Google. Currently everything in the Market is free, but my understanding is that Google will start allowing paid applications Real Soon Now.

Besides the simple breathing exercise, I have updated Meditation Words with a lot more features, and I'm looking for more texts to extend it with, so drop me a line if you have an idea. I plan to release MeditationWords as a paid application, but with a twist!

Kiva - loans that change lives
A portion of the proceeds for Meditation Words (I don't know how much yet) will go to Kiva, "the world's first person-to-person micro-lending website". Microcredit is the extension of very small loans (e.g. $25) to the unemployed, to poor entrepreneurs and to others living in poverty.

I have no idea how this will work out, but I think it will be really fun to try! You don't have to wait for the application, or own an Android phone, to join our Meditation Words team and lend on our behalf :)

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