Jan 3, 2011

Posted by Sonia Morrison in Uncategorized | 0 Comments

Kiva and Paying It Forward in 2011

I am really finding joy in tweeting and facebook, this is just one example of the very international and interesting things I have discovered.

For $25-$500 you can make a difference.

About Kiva.org

Kiva’s mission is to connect people, through lending, for the sake of alleviating poverty.

Pendo Luisi, 27 years old, borrowed $175 to open a cafe in Dar es Salaam, Tanzania.

Kiva empowers individuals to lend to an entrepreneur across the globe. 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.
  • By connecting people we can create relationships beyond financial transactions, and build a global community expressing support and encouragement of one another.

Kiva promotes:

  • Dignity: Kiva encourages partnership relationships as opposed to benefactor relationships. Partnership relationships are characterized by mutual dignity and respect.
  • Accountability: Loans encourage more accountability than donations where repayment is not expected.
  • Transparency: The Kiva website is an open platform where communication can flow freely around the world.

As of November 2009, Kiva has facilitated over $100 million in loans.

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