Kiva

Here in the United States, we sometimes stay oblivious of the problems that are going on outside of the country, and I know it’s like that in many other countries, too. There are so many immediate problems that are close to home to deal with that it can be hard to expand your perspective. For one thing, in this country, as long as you have somewhat decent credit, you can obtain a loan for a pretty good amount of money, but in other countries, the idea of obtaining a reasonable loan can seem out of reach. With Kiva, you can lend money to entrepreneurs in developing countries to help them get out of poverty and make their business a success.

In hearing about Kiva, you may think that it’s a great cause, but if you don’t have a lot of money, you may feel like you can’t participate. Thankfully, that’s not the case. While entrepreneurs in the United States may look for loans that add up to tens of thousands of dollars or more, the people listed on Kiva usually only need a small amount of money (oftentimes under $1,000 USD) to do what they need to do. You’ll get detailed information about the prescreened person requesting the loan, and you’ll be able to follow the progress that they’re making with the money that you loaned to them. Multiple people can contribute to one project, so the entire group is sure to feel the rewards that come from lending a helping hand.

[tags]Kiva, United States, Developing Country, Business, Loans, Entrepreneurs[/tags]

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