Kiva
Kiva™ is the world’s first person-to-person micro-lending website, empowering individuals
to lend to unique entrepreneurs around the globe. Kiva™ connects individuals who
would like to lend with entrepreneurs around the globe in a mission to connect people
through lending for the sake of alleviating poverty. Kiva™ partners with existing
microfinance institutions to gain access to communities worldwide. Throughout the
course of the loan (usually 6–36 months), you can browse entrepreneur profiles before
selecting, receive email journal updates and track repayments. When you get your
loan money back, you can relend to someone else. Utilizing the instant, inexpensive
nature of internet delivery, Kiva™ creates connections that previously were prohibitively
expensive. Kiva is continuously working to make the system more transparent to show
how money flows throughout the entire cycle and to illuminate what effect it has
on the people and institutions lending it, borrowing it, and managing it along the
way.
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