www.gurteen.com Kiva - loans that change lives

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Introduction to the December 2011 Knowledge Letter

Posted to Gurteen Knowledge-Log by David Gurteen on 9 December 2011

 


Title

Introduction to the December 2011 Knowledge Letter
WeblogGurteen Knowledge Log
Knowledge LetterAppears in the Gurteen Knowledge Letter issue: 138
Posted DateFriday 9 December 2011 12:00 GMT
Posted ByDavid Gurteen
Linkshttp://www.kiva.org 
CategoriesSocial Good

Kiva is a non-profit organization with a mission to connect people through lending to alleviate poverty.

Kiva lets you lend as little as $25 to people without access to traditional banking systems

Its simple:

  • You join Kiva.
  • With your credit card you make US$25 loans to people of your choosing.
  • They pay back the loans with no interest and you get regular updates.
  • There is 98.93% repayment rate. And over US$263 million has been loaned to date.
  • When you have been repaid you can loan the money again or withdraw it..


I have made 14 loans since I started in December 2007 and at Christmas I will add a little more money to the pot to enable me to make some more loans. Its not a lot but every liitle helps and its so easy and effective :-)

If you like the idea, why not make a loan yourself to someone this Christmas.

As usual at Christmas, the knowledge letter is short but I'll be back in full swing in 2012 :-)

Here's wishing you a merry Christmas and a happy New Year.




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Saturday 25 March 2017
09:42 AM GMT