Kiva Micro Loans
This looks like a real cool way to help people in developing countries directly."Kiva lets you connect with and loan money to unique small businesses in the developing world. By choosing a business on Kiva.org, you can "sponsor a business" and help the world's working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the business you've sponsored. As loans are repaid, you get your loan money back."
Link
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Here is a new way to (just) give on a local level. They use Paypal services, same as KIVA to process donations.
http://www.realitycharity.com/
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