Kiva is a pretty cool site. The entire concept of micro-finance and getting funds straight into the hands of the people who are going to put it to work has totally altered the world of foreign aid. What’s even cooler about Kiva is the fact it is a private, non-profit organization. Foreign aid around the world is a realm full of politics, driven by expediency, with a process that too frequently means the aid (or money) ends up in the hands of those who really do not need it at all.
Kiva, in their own way, is fixing this. They have been around for awhile too. Kiva was crowdfunding before crowdfunding was cool. Launched back in 2005 their first seven loans totaled $3500. Well today that number stands at over a half a billion in loans – all with a 98.96% repayment rate. Kiva is operating in 73 different countries with 240 field partners arranging these loans. What’s even more incredible is that every dollar you lend on Kiva – 100% goes directly to funding loans.
It was recently pointed out to us that loans are given to those who need money to pay for weddings. Something that many people in developed countries take for granted but in parts of the world that are not as affluent – this is an expensive obligation.
So take a minute and consider lending as little as $25 to help pay for a daughter’s wedding dress in Tajikistan or perhaps helping a father to pay for a son’s wedding party in Armenia. And you will get all of your money back or maybe you will decide to loan it again.
Happy Valentine’s Day.
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Sayohat
Tajikistan | Personal Use | Wedding ExpensesA loan of $1,150 helps Sayohat to organize a wedding party for her son.
Funding via CSC MDO “IMON International”8% raised$1,150.00 -
Amadou
Senegal | Personal Use | Wedding ExpensesA loan of $525 helps Amadou to get married.
Funding via UIMCEC, a partner of ChildFund International47% raised$525.00 -
Lernik
Armenia | Personal Use | Wedding ExpensesA loan of $1,750 helps Lernik to pay for his son’s wedding expenses.
Funding via Nor Horizon Universal Credit Organization Limited Liability Company14% raised$1,750.00 -
Yeprem
Armenia | Personal Use | Wedding ExpensesA loan of $750 helps Yeprem to pay the expenses of his son’s wedding party.
Funding via Nor Horizon Universal Credit Organization Limited Liability Company60% raised$750.00 -
Norbegim
Tajikistan | Personal Use | Wedding ExpensesA loan of $425 helps Norbegim to organize her son’s wedding party.
Funding via CSC MDO “IMON International”0% raised$425.00 -
Zarina
Tajikistan | Personal Use | Wedding ExpensesA loan of $850 helps Zarina to throw a wedding party for herself.
Funding via CSC MDO “IMON International”70% raised$850.00 -
Dilbar
Tajikistan | Personal Use | Wedding ExpensesA loan of $1,275 helps Dilbar to pay for her daughter’s wedding.
Funding via CSC MDO “IMON International”31% raised$1,275.00 -
Sadinisso
Tajikistan | Personal Use | Wedding ExpensesA loan of $1,575 helps Sadinisso to organize her son’s wedding party.
Funding via CSC MDO “IMON International”19% raised$1,575.00Only 1 day left! -
Muhitavy
Tajikistan | Personal Use | Wedding ExpensesA loan of $650 helps Muhitavy to organize wedding party of her daughter.
Funding via CSC MDO “IMON International”11% raised$650.00 -
Savriniso
Tajikistan | Personal Use | Wedding ExpensesA loan of $425 helps Savriniso to organize the wedding party for her daughter.
Funding via CSC MDO “IMON International”35% raised$425.00 -
Akida
Tajikistan | Personal Use | Wedding ExpensesA loan of $550 helps Akida to arrange a wedding party for her daughter.
Funding via CSC MDO “IMON International”77% raised$550.00Only 3 days left! -
Hasmik
Armenia | Personal Use | Wedding ExpensesA loan of $1,125 helps Hasmik to pay for her second son’s wedding party, who is going to get married.
Funding via Nor Horizon Universal Credit Organization Limited Liability Company2% raised$1,125.00 -
Kaminoi
Tajikistan | Personal Use | Wedding ExpensesA loan of $750 helps Kaminoi to organize her son’s wedding party.
Funding via CSC MDO “IMON International”23% raised$750.00 -
Mijgona
Tajikistan | Personal Use | Wedding ExpensesA loan of $750 helps Mijgona to organize her brother’s wedding party.
Funding via CSC MDO “IMON International”6% raised$750.00 -
Aghunik
Armenia | Personal Use | Wedding ExpensesA loan of $625 helps Aghunik to pay for some expenses connected with an engagement party (e.g., to buy presents for her son and his bride-to-be).
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