Want to do some good in the world but haven’t been bitten by a radioactive spider yet? Kiva might be just the thing you’re looking for.
It’s been a while since I’ve shared our Kiva experience on the blog – so much so someone has mentioned the fact to me. So this month I’ve stepped up. Here’s our latest Kiva loan:
Sabina raises broiler chickens which she later sells in the community. She is asking for a loan of two hundred and fifty dollars ($250) to buy chickens and their feed for them. With this, she plans to have more income for her family.
You don’t even need a lot of money to get started. Or, for that matter, a monthly contribution. Loans are funded by multiple people each contributing US$25 each – no matter how big or small the loan required is. If you only want to do one loan then that’s all you need to put in. No one is going to be pressuring you to do any more than you decide to do yourself.
Here’s what Kiva says about the whole process:
1 Choose a borrower
Read through hundreds of borrower stories of people looking for loans to grow businesses, go to school, switch to clean energy and more. Find someone who connects with you.
2 Make a loan
Click ‘Lend’ to make a loan to the borrower of your choice. All Kiva loans are disbursed by our Field Partners who vet and work closely with each borrower.
3 Get repaid
Get updates as the borrowers you support succeed and repay their loans. You’ll see these dollars return to your Kiva account.
When borrowers repay, you can use that money to empower another person by supporting a new loan! You can also choose to donate the money to Kiva or withdraw it.
Yes! Withdrawing your own money once it’s been repaid IS an option.
Interested in checking it out? Here’s a link to the Kiva site. There’s lots of information there about how it works and the sort of good it does. Even if you decide to look now and join later and loan later still – all good. It’s up to you.
Just look me up when you get there 🙂
BFLI’s latest Kiva Stats
233 readers have joined
1344 loans by readers have been made
Our Family’s Personal Stats
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~ raising a family on little more than laughs ~