Hello friends, its been awhile I know. I had a bug and was sick for a couple of weeks, and I am all better now. During the time I was sick I reflected on how lucky I am to live in a country where I could get quality health care quickly and pondered on how so many in the world go without so much. A girlfriend recommended Kiva as a great way to support people in need. Kiva are 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. Learn more about how it works. Since Kiva was founded in 2005: 1,224,175 Kiva lenders $617,472,200in loans 98.80% repayment rate We work with: 279 Field Partners 450 volunteers around the world 79 different countries Why Kiva do what we do We envision a world where all people - even in the most remote areas of the globe - hold the power to create opportunity for themselves and others. We believe providing safe, affordable access to capital to those in need helps people create better lives for themselves and their families. How Kiva do it Making a loan on Kiva is so simple that you may not realize how much work goes on behind the scenes. 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. How Kiva is funded 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 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. We are incredibly thankful for the support that has enabled us to do the work that has touched the lives of so many people.
Posted on: Wed, 01 Oct 2014 09:52:15 +0000
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