Kiva-Why I loaned Alice $25
November 17, 2009 · Posted in Commentary · Comment
I made my first loan of $25 to an entrepreneur through Kiva in September, 2007. Someone on an online forum talked about having lent money through Kiva. Intrigued, I asked him for more information and received an invite to join Kiva through email. Upon doing some research, I found that Kiva gave small loans to entrepreneurs in the developing world. The overall delinquency rate on their loans is a little over 2%, which is not too bad. Read more
Kiva surpasses $100 million in loans raised!
November 1, 2009 · Posted in Commentary · Comment
Kiva, the nonprofit microfinance organization, announced last Friday that they had surpassed $100 million in loans raised for entrepreneurs around the globe. Read more
