Kiva is a international non-profit founded in 2005 and is based in San Francisco, CA. This non-profit allows a person to apply for a 0% interest free loan for things such as starting a small business. Loans available through crowdfunding.
Instead of a person donating to this cause, they would be loaning the money, in increments of $25 or more. Once your money is paid back, you can either relend or withdraw your funds.
Those looking for a loan would apply. Your application would then be visible to 1.6 million lenders worldwide. You have 36 months to pay the loan in full.
Blogging From A-to-Z April Challenge Posts
C Is For Concerns Of Police Survivors
J Is For Jewish Voice Ministries, International
K Is For Kiva
L Is For Laboratory To Combat Human Trafficking
O Is For Old Pine Farm Natural Lands Trust
P Is For Perfect Harmony Animal Rescue and Sanctuary
S Is For St Jude India ChildCare Centres
Z Is For Zaenah’s Blanket Foundation
Disclaimer: This post is for general information only. It is part of the Blogging From A-to-Z April Challenge (2022). I am not affiliated with or endorse this non-profit organization. Please use caution when donating online.
Kiva is a cool idea. I hadn’t heard of the organization before.
Interesting post Cheryl. Thanks for sharing.
Stopping in from A to Z: https://brewingcoffeetwistingwordsbreakingpencils.ca/2022/04/13/kebab/
That’s a good idea instead of someone loaning a huge amount and someone having to pay back a huge sum at once.
Very insightful post.
Hope you check out my A-Z challenge posts in which I am trying to have every sentence of the story (one chapter a day) start with the letter of the day https://momandideas.com/
Kiva is a great example of the power of microfinancing and the difference it can make in people’s lives.
I really like the concept of this non-profit. I agree with you!
Oh wow! That is rather cool. I’ll have to look them up.
The Other Side | A to Z of Conspiracy Theories
Out of all the non-profits I blogged about, this one definitely caught my eye.
I invested in KIVA probably a decade ago, and I am always thrilled when my loan is repaid and I get to chose another benefactor.
Wow. Thank you for doing this. Of all the non-profits that I blogged about for the challenge, this one really impressed me.
Often people struggle to start a business as they have no means to get a loan … initiatives like these seem helpful
It’s true, many people have a dream to start a business but don’t have the funds. It’s great to see organizations like this one!
Kiva is great! I love being able to lend directly to real people.
It seems like an awesome organization. So glad I came across it so I could share. Congratulations on finishing the challenge!
I enjoy lending to Kiva. A fun and unusual feature is that when the funds are paid back, they can then be lent to another borrower. So, I put some money into Kiva a decade ago that still gets lent and re-lent without my giving more.
I have gotten a few messages from people who lend to this organization and will continue to do so. Thank you for doing that!