Because You Can
It’s really simple to be extending micro loans or credits through KIVA to lend to the working poor.
KIVA is said to be the world’s first person-to-person micro-lending website, “empowering individuals to lend directly to unique entrepreneurs in the developing world” Their mission is to connect people through lending for the sake of alleviating poverty. Each loan is for an amount of US$25. The loans from each lender are aggregated and according to information on their website you will be helping someone “make great strides towards economic independence and improve life for themselves, their family, and their community.”
After you create a loan portfolio, you are be able to view it through a link to KIVA. For example here is the portfolio of one of our founding sponsors. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates and easily track repayments. YouOne of our founding sponsors
Kiva partners with experienced local micro finance institutions, and by doing so, gives you great access to outstanding entrepreneurs from impoverished communities world-wide.
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