Skip to content

Simple Compassion-Kiva Loans

Kive is a super cool organization.  I have ment to loan to them for well over a year, but finally got to it today.  I have given to this lady to help her with her dairy business.

As I am typing this I am realizing that it is probably kind of strange for me to be giving her money for a dairy business when I am trying to be vegan ;).  I liked her and I liked the fact that she had been already working for a while and her motivation was established.  I like that this is helping her become self-sufficient and my money has the potential to change her life as well as years down the line to her kids and grandkids.  Dairy doesn’t have the same animal cruelty issues in other countries and its high calorie content is much more needed.   There is lots more projects and stories.

Here is information from their about page

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.

Since Kiva was founded in 2005:

  • 633,471 Kiva lenders
  • $252 million in loans
  • 98.90% Repayment rate

We work with:

  • 143 Field Partners
  • 450 volunteers around the world
  • 60 different countries

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.

We are incredibly thankful for the support that has enabled us to do the work that has touched the lives of so many people.

Learn more about our partnerships or make a donation.

6 Comments

  1. Judy Judy

    I am so happy to have this information. I had heard of this before and lost the reference. I will now check it out and try to act upon it…..as you did. Good for you. Thanks for sharing this. If we were in the same situation, think what an encouragement it would be for someone we didn’t know to be taking such an interest in our lives and upkeep. Such a great concept..

    I love your writings and am so happy to have found you.

    Judy

    • yeah! So glad I could help you find it again. I love how it is such a tangible and long lasting help for people.

  2. yay! we love it too! we started loaning about 2 yrs ago when we received some money we felt should be used for something more than just paying our bills with. people talk about ‘pinterest’ being addictive…but Kiva is way more fun! 🙂

    • How long does it take to be repaid? They make it super simple to turn it around into another loan I am sure. How many loans have you done?

      • they say it takes an average of 6-12 months for a loan to be repaid. we have made 28 loans in 2 yrs, and i’d say our average repayment time has been faster than that. it is so simple to just make another loan as soon as one is repaid. love it! 🙂

        • Wow, that is great! Thanks for the info.

Comments are closed.