Kiva.org is a simple but extraordinary movement created to not just hand money over to people in need, but require that the person receiving the money repay what they’ve received once they have the ability to do so. They have a 98.65 repayment percentage, which is quite astonishing. How it works is each person who chooses to donate has his or her own personal portfolio through which they loan out money through. Loaners can personally choose what who they wish to loan to. This is a unique quality of kiva.org because it allows the loaners to have a personal involvement in the people and companies they are supporting. Kiva.org allows people to lend as little as $25, and mostly once the money is returned users keep their money in circulation on Kiva and lend it to other people in need. This is what separates Kiva.org from other donating venues, with Kiva individuals can continue to lend with the same money that was originally lent.
Facts about Kiva:
1) 569,489 Kiva Lenders
2) $203 million in loans
3) 98.65% Repayment Rate
Kiva works with:
1) 130 Field Partners
2) 450 volunteers around the world
3) 59 different countries
