Sunday, January 17, 2010

Kiva

Kiva's mission is to connect people through lending for the sake of alleviating poverty. Kiva is the world's first person-to-person micro-lending website, empowering individuals to lend to unique entrepreneurs around the globe. The people you see on Kiva's site are real individuals. When you browse entrepreneurs' profiles on Kiva, choose someone to lend to, and then make a loan, you are helping a real person make great strides towards economic independence and improve life for themselves, their family, and their community. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates and track repayments. Then, when you get your loan money back, you can relend to someone else. (from the Kiva website)

Kiva is a different type of charity, a charity that gives to individuals to enable them to become independent by being successful in a business of their choosing. By donating to Kiva, you can easily keep on giving - donations are loaned to individuals who slowly pay the loan back (you can loan as little as $25.00). Your donation keeps on giving - the interest earned is kept by Kiva to pay for program costs, and you can easily reloan your original principal amount to another entrepreneur, paying it forward countless times.

I've heard a lot of positive of Kiva, and always meant to investigate further. I love that this charity enables people to support themselves, and improves the lives of their family and their whole community. I love how you can work together, so even if you only have a small amount you can donate, your donation can be added to others to make a huge difference in a person's life.

UPrinting is hosting a Kiva blogathon - Five winners will be selected to win a $100 Kiva Credit to lend however they chose, and was the kick in the rear I need to begin researching Kiva, and what I could do to help. $100.00 would go a long way in assisting persons, and I would divide the amount in half. I would love to support an agricultural endeavor and a medical endeavor.

This post is an entry in the UPrinting Kiva Blogathan. Uprinting is committed to giving back, too and is an active lender at Kiva as well.

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