Kiva Loans – Crowd Funding

If you know Kiva then you’ll understand what a worthy idea the cause is. Basically you can make a loan (min. $25) to people who have a business idea and as/if it works so they repay your loan, which in turn you can reinvest.  “Kiva’s mission is to connect people, through lending, for the sake of alleviating poverty.” “Kiva empowers individuals to lend to an entrepreneur across the globe. By combining microfinance with the internet, Kiva is creating a global community of people connected through lending.”

What i particularly like is that the money goes directly to people who have a viable business idea that can make a difference in their community. It promotes DIGNITY, TRANSPARENCY and ACCOUNTABILITY.  I was recently given a $50 Kiva card and made 2 x $25 loans. One to Felix in Bolivia whose bus needs fixing and one to Nakachwa Gorret in Uganda who needs capital to expand her restaurant.

We all struggle to think of interesting presents for family, friends and colleagues…we all have more than we need after all. So if you haven’t heard of Kiva then here’s a good way to begin your (and others) involvement.

As i write there are over 850 loans being sought and to date over $100 million has been raised. So if you know anyone with a birthday coming up…go for it!

copyright FRANk Media 2018