How to fund micro loans through kiva.org
"It feels great helping someone on the other side of the world to break out of the poverty cycle by providing micro-finance."
How I did it:
- Visited kiva.org
- Created and edited a profile
- Created and edited a Lending Team (this is optional)
- Deposited US$100 via paypal
- Looked through the many people who are asking for a micro-finance loan.
- Lent $25 to Sylvia, a corn farmer in the Philippines, for insecticides, seeds, and fertilizers.
- Lent $25 to Yon Von, a pig farmer in Cambodia, for a motorbike to save on taxi costs.
- Lent $25 to Mercedes of Peru, to purchase cookies and soft drinks to on-sell for a living.
- Lent $25 towards COTOCA Group, mad up of 12 locals in various trades in a village in in Bolivia.
Lessons & tips: Read the information on the kiva.org website to see how it works.
