If You’re Nervous About Crowdsourcing Your Loan…Read This

May 3, 2021

I don’t know about you, but I’m not quite sure why I’m on Facebook these days. The house that Zuck built has become the most stale of the major social networks, but I still log in a couple of times a week to see trail conditions posted to a local mountain biking group.

The post at the top of my feed slapped me in the face.

“Kararu has been waiting over 500 days for a sponsor.”

A picture of a seven year old boy living in rural Kenya stared back from my laptop screen.

Before I even realized what I was doing, I had my credit card out and had hit “sponsor,” paying $38 per month to bring Kararu food, medical care and the option to attend school.

I didn’t think about how it fit in the budget. Didn’t consider what else I could spend $38 per month on, or if I should be buying crypto with it. I just acted.

You see, in my previous career in radio/TV, I traveled with Compassion International to Mexico City, where I had a chance to meet many kids whose lives were changed through Compassion sponsorship.

While Kenya’s economy is currently growing by leaps and bounds, the rural poor in a country are the last to experience the “economic high tide” coming in. Which probably means that Kararu’s family lives on less than $1,200 per year. To Kararu, I bet that $38 per month seems like an impossibly large sum.

To me…hey, it’s money, but I’ll be OK. I know that my recurring donation is changing a child’s life forever.

I tell you all that to say this…if you’re feeling intimidated because your student loans are “impossibly high,” don’t be.

Just as I gave to support without Kararu, there are people who want to see you out from under the crushing burden of student loans.

It’s easy to get caught up in a thousand reasons why crowdsourcing your loan might not work.

“But what if I look silly.”

“What if no one cares.”

“What if I only raise $20.”

**Set those fears aside, and tell your story.

If it’s a good one, your community will rally to you**, just as I rallied to be a part of Kararu’s success story today.

-Seth

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