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Kiva – Loans That Change Lives

Kiva – Loans That Change Lives

Kiva is 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.

Kiva envisions a world where all people – even in the most remote areas of the globe – hold the power to create opportunity for themselves and others. They believe providing safe, affordable access to capital to those in need helps people create better lives for themselves and their families.

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.

100% of every dollar lended 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.

A business partner introduced me to Kiva once. We had decided to choose Kiva as our “charity of choice” and give it 10% of our profits from the project we did together.

I would appreciate it if visitors to this site would consider supporting Kiva as as well, and would also consider Joining the Healers.LA team on Kiva.

Click here to visit Kiva’s main site.

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