Focus on Kiva - When you uplift women, you uplift entire communities
Wednesday Oct 09th, 2019
A borrower applies for a loan
The loan goes through the underwriting and approval process
The loan is disbursed to the borrower
The loan is posted to Kiva for lenders to support; lenders crowdfund the loan in increments of $25 or more (up to 30 days)
Borrower repays the loan; the lender receives repayments over time, based on the borrower's ability to repay. The repayments go into the lenders' Kiva accounts.
Lenders use repayments to fund new loans, donate or withdraw the money.
Kiva serves borrowers in more than 80 countries on 5 continents.3
Field Partners do incredible work– they screen borrowers, post loan requests to Kiva for funding, disburse loans on the ground and collect repayments. Most Field Partners are microfinance institutions, but they can also be schools, NGOs or social enterprises. They all share one thing in common: the desire to improve people’s lives through safe, fair access to credit. 3
I am a lender in this organization and encourage you to be one as well.
Click here to become a lender and receive one free $25 lending credit
With her loan, Lindiwe was able to begin operating three businesses, incluiding a juice shop, in her village. She is a mogul in the making. Read more...
With her loan, Phearong rejected her arranged marriage, enrolled in university, and has become a leader for women's rights in Cambodia. Read more...
With her loan, Lourdes, a single mother, moved into a new, bigger shop - one with a secure gate and an attached home for her family. Read more...
Post a comment