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Kiva.org-Loans that Change Lives


Kiva is a great organization,  in which you can help empower an entrepreneur in a third world country by making a small loan.   You lend small amounts of money (as low as $25) to a specific entrepreneur, helping end global poverty one person at a time. You will receive email update messages about the businesses you are supporting. A typical loan lasts 6-12 months. Kiva will send you updates when your entrepreneur begins to repay the loan. I received this message today:

The business you have loaned to, Ventas de Ropa Martha , has made a repayment of $63.00. The total amount repaid up to now is $63.00. The payment was collected and deposited by MIFEX. This repayment will be divided amongst all the lenders who helped to fund this business, depending upon the percentage each lender contributed. Note that you cannot actually withdraw or reloan these funds until after the loan term is complete.

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Comments

  1. Jennifer Lance says

    November 14, 2007 at 12:13 am

    Daniel,
    Sorry if my post was confusing. The process is really simple. Through Kiva, you make loans to individuals in third world countries. 100% of you loan goes to the individual, and you can browse businesses you want to loan money to on their website. Then, you are paid back the loan over a period of time. Once you loan is repaid in full, you can donate it to Kiva, reinvest in another individual, or just collect your money.

    Reply
  2. Daniel says

    November 13, 2007 at 9:25 pm

    I couldn’t understand some parts of this article Kiva.org-Loans that Change Lives, but I guess I just need to check some more resources regarding this, because it sounds interesting.

    Reply
  3. Bulletin News says

    November 25, 2007 at 5:18 pm

    Terrific view covering Kiva.org-Loans that Change Lives! Always enjoy your write ups!

    Reply

Trackbacks

  1. Eco Child’s Play » Blog Archive » Our Second Eco Child’s Play Kiva Loan says:
    November 9, 2007 at 11:55 pm

    […] still plan to maintain this small gesture of social responsibility.  If you are not familiar with Kiva, this organization helps you empower an entrepreneur in a third world country by lending small […]

    Reply
  2. Another Eco Child’s Play Kiva Loan : Eco Child’s Play says:
    January 24, 2008 at 8:39 pm

    […] we initiated when Eco Child’s Play began over a year ago. If you are not familiar with Kiva, this organization helps you empower an entrepreneur in a third world country by lending small […]

    Reply
  3. How to help your fellow entrepreneur on the other side of the planet : Ecopreneurist says:
    April 24, 2008 at 4:37 pm

    […] Kiva.org – Loans That Change Lives […]

    Reply

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About Eco Child’s Play

Our ethos is to provide news, information, and opinions on natural, green parenting to help your family live a greener, healthier life! Additionally, we offer personal consulting services to help you achieve your green living goals.

Jennifer is a vegetarian, yoga teacher, gardener, hiker, teacher, and mother that has been living off-the-grid for over 20 years.

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