Tag Archives: Kiva

Kiva – loaning to others worldwide while you are meeting your minimum spend

Have you heard of Kiva?  Our sons introduced us to it years ago.  Kiva is a non-profit micro-lending organization that connects folks around the world who need a loan with people who are willing to make those loan, often at $25 increments.  Their mission is to try to alleviate poverty by loaning money to vetted individuals throughout the world to make them more able to provide for themselves and their families.  It’s a loan that will change their lives.


According to their website, “Kiva field partners vet, administer and disburse funds”.  Kiva’s Field Partners have expertise in their local markets and they know their local communities.  They do all the leg work required to get Kiva loans to the borrowers posted on the Kiva website.  The Field Partner collect borrower stories, pictures and loan details, and upload them to Kiva. The loan requests are reviewed and published to the Kiva’s site.

By combining microfinance with the internet, Kiva is creating a global community of people connected through lending. Kiva was born of the following beliefs: people are by nature generous, and will help others if given the opportunity to do so in a transparent, accountable way; the poor are highly motivated and can be very successful when given an opportunity; and by connecting people we can create relationships beyond financial transactions, and build a global community expressing support and encouragement of one another.

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Since Kiva was founded in 2005 they have had 1,039,131 Kiva lenders that have made a total of $516,426,650 in loans to people in 73 countries and they have had a 99.00% Repayment rate.  I am amazed at this and am thankful that generous people are able to believe in others and lend a helping hand.

I mentioned that you can meet your credit card minimum spend by becoming a lender with Kiva and that’s because you can make your loans via a credit card.  In case you are wondering,  Kiva is very highly rated by Charity Navigator.

Have you thought about helping someone out with a small loan?  If so, please go to the Kiva site.