KIVA: A LITTLE GOES A LONG WAY
Open a KIVA account today to support micro-entrepreneurs by giving out $25 interest-free loans. It's not a donation.
KIVA is a non-profit with a 96.9% repayment rate. 100% of the money goes to the field. KIVA gets their operating funds through optional donations.
Since 2009, my focus has been on sustainable enterprises like tailoring or animal husbandry. I review each loan to assess the repayment viability just like approving rental applications.
As a result, my delinquency rate is 2.36% compared to the average KIVA user 8.44%.
Their slogan: Dreams are universal, opportunity is not.
|
|
|
|