It allows me to loan small amounts of money to entrepreneurs all over the world.
KIVA lets me join financial forces with other small lenders to fund loans of our choosing.
This is called a revolving loan fund. The monies just keep coming back as repayments and made available for lending once again. I've put in just over $400 and thanks to KIVA I've been able to loan out more than $1,500. I have a 100% repayment rate from the entrepreneurs receiving these loans.
I just made a loan to the 50th country in my portfolio. What a fun way to end the year.
I'm grateful to KIVA for making this possible!
My KIVA list of countries I've made loans to. These entrepreneurs all over the world inspire me!