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You are here: Home / News / Announcements / A Small loan makes a Big difference

A Small loan makes a Big difference

September 22, 2012 By Krisan Marotta

Become a Kiva Lender

I am a  Kiva lender.  We Kiva lenders combat poverty daily by making small loans to borrowers around the world. Through Kiva, I have loaned money to women growing or starting their own businesses including:

[su_table style=”1″]
Violette in Rwanda

Violette in Rwanda

Ganna in Ukraine

Ganna in Ukraine

Sofik in Armenia

Sofik in Armenia

Afag in Azerbaijan

Afag in Azerbaijan

[/su_table]

Kiva makes microfinance fun and easy. You choose a borrower, make a loan and get repaid. Then you can fund another loan, donate your funds to Kiva or withdraw them for other uses. The hardest part is picking your borrower. You can fund small farmers in Cambodia, store owners in Lebanon, miners in Africa, artists in Pakistan and taxi drivers in Mongolia – just to name a few. The possibilities seem practically endless. Kiva allows you to narrow your search by country, gender and sector, but you can still spend hours reading stories and viewing profiles.

[su_pullquote align=”right”]The Kiva website defines microfinance as “the supply of loans, savings, and other basic financial services to the poor.”[/su_pullquote]

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 its Field Partners, who administer the loans. Through people like you and me donating as little as $25, Kiva has given about $224 million dollars in loans in 59 different countries with a 98.8% repayment rate.

[su_heading style=”1”]Make a Small Loan, Make a Big Difference![/su_heading]
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  3. 21 1Corinthians 8:1-3 Knowledge makes arrogant

Filed Under: Announcements, News Tagged With: kiva, lending, loans, microfinance, poverty

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