Kiva is an organization that was established in 2005 and is a non-profit organization that aims to alleviate poverty through the lending of microloans. Kiva lets individuals lend as little as $25 to help create opportunity around the world. Every loan is eventually payed off allowing the money to be used to aid another person in need.
Since Kiva was founded in 2005:
- 1,327,319 Kiva lenders have participated
- $734,634,125 has been lent in the form of microloans
- There is 98.67% repayment rate
To learn more visit: http://www.kiva.org/