Make a loan : Kiva

Kathleen was giving every year to Doctors Without Borders (Médecins sans Frontières). We have created this team on Kiva to continue this spirit of helping people. Instead of choosing a one time donation, we opted for a loan system that allows you to lend as little as $25 (about 17 euros as of august 2011). See the explanations below, and do not hesitate to join the team, it's not only useful, it's also fun !

We have created a team on the well know Kiva Microfund website (wikipedia link).

The goal of this team is to give you the opportunity to help people by lending them enough money to fulfill their entrepreneurial project. As an example, see the list of loans already made.

This is NOT a donation, you'll get your money back after a few months. After you've been repaid. you can choose to withdraw the money from Kiva, or let it there and lend it to someone else.
Kiva does NOT take any percentage from the money you lend. Kiva is a website which helps gather the money and control the work of the Field Partners who administer the loans. If you decide to give a little bit to Kiva, this amount is deductible from your taxes (for US citizens).

If you already have a Facebook account it's very easy to enter Kiva. You can join out team WITHOUT making a loan, we always need more members!

The team is named "Kathleen Smith" (http://www.kiva.org/team/kathleen) and it is listed in the Memoriam category.

You can follow this link to get some advice on how you can choose your borrower(s).

We are #1 in the number of members for the month of August 2011.

About Kiva

We are a non-profit organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $25
to help create opportunity around the world. Learn more about how it works.
Why we do what we do
We envision a world where all people - even in the most remote areas of the globe - hold the power to create opportunity for themselves and others. We believe providing safe, affordable access to capital to those in need helps people create better lives for themselves and their families.
How we do it
Making a loan on Kiva is so simple that you may not realize how much work goes on behind the scenes.
Kiva works with microfinance institutions on five continents to provide loans to people without access to traditional banking systems. One hundred percent of your loan is sent to these microfinance institutions, which we call Field Partners, who administer the loans in the field.
Kiva relies on a world wide network of over 450 volunteers who work with our Field Partners, edit and translate borrower stories, and ensure the smooth operation of countless other Kiva programs.
Learn more about how it works.
How we're funded
100% of every dollar you lend on Kiva goes directly towards funding loans; Kiva does not take a cut. Furthermore, Kiva does not charge interest to our Field Partners, who administer the loans.Kiva is primarily funded through the support of lenders making optional donations. We also raise funds through grants, corporate sponsors, and foundations.

Comments