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Archive for March, 2009

Mar 05 2009

What is Kiva?

Published by bensonyeung under Uncategorized Edit This

For Japanese anime fans, Kiva is a evil-combating raider with super-natural power (see one of his photos attached). For those who are interested in knowing this global village that we live in and how we can help, Kiva means so much more. What Is Kiva? Kiva is a website and a convenient platform which allows you to loan to the Working Poor of the global village. It connects 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 directly to unique entrepreneurs in the developing world. How do you going about doing this? You go to their websire and browse entrepreneurs’ profiles on the site. Then you choose someone to lend to, and then make a loan. You are helping a real person struggling to improve his own circumstances towards economic independence for themselves, their family, and their community. The loan typically lasts usually 6-12 months. During this time you can receive email journal updates and track repayments. Then, when you get your loan money back (over 90% chance it happens), you can relend to someone else in need.

You can check it out herekiva.jpg.

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