When most people think of online opportunities they think of a way to make money for themselves. Sometimes the best opportunities are the ones where you can make someone else financially secure. Micro-Loans are possibly the quickest way to turn world poverty around. Just $25.00 can be the beginning of a business for someone in a third world country and because it is a loan and not a gift, as it is payed back you can reinvest again and again.
One very good example of an online opportunity in this area is Kiva.org ” connecting people through lending to alleviate poverty”.
What is Kiva?
Kiva is the worlds first online Micro-Lending Platform. The organization enables anyone in the world with a computer to lend money to specific entrepreneurs who live in poverty stricken countries. It is a non-profit organization founded in November 2005 by Matt and Jessica Flannery, they were 27 and 28 respectively. The minimum amount of money that can be lent is $25.00 and that amount can be included with other peoples money to fund larger business ventures as well.
Kiva is a Swahili word meaning “Unity” or “Agreement”.
This video shows exactly what happens when you lend money via Kiva. It is probably the most inspiring video I have ever seen on this subject. Watch and enjoy!
Spread The Word
Help me spread the word about this amazing online opportunity. If everyone who reads this article just share’s it with one or more people, we can make a real difference in the lives of others less fortunate than us. Let’s face it, $25.00 is not a lot of money for us to invest to make a massive difference to some one’s life, and anyway, you get the money back over time so you can invest again and again!
Look at the peoples faces you could lend to right now by clicking here
The Latest Info About Kiva
| Total value of all loans made through Kiva: | $153,211,975 |
| Number of Kiva Users: | 742,983 |
| Number of Kiva Users who have funded a loan: | 473,169 |
| Number of countries represented by Kiva Lenders: | 201 |
| Number of entrepreneurs that have received a loan through Kiva: | 396,022 |
| Number of loans that have been funded through Kiva: | 211,002 |
| Percentage of Kiva loans which have been made to women entrepreneurs: | 82.13% |
| Number of Kiva Field Partners (microfinance institutions Kiva partners with): | 119 |
| Number of countries Kiva Field Partners are located in: | 53 |
| Current repayment rate (all partners): | 98.79% |
| Average loan size (This is the average amount loaned to an individual Kiva Entrepreneur. Some loans – group loans – are divided between a group of borrowers.): | $384.92 |
| Average total amount loaned per Kiva Lender (includes reloaned funds): | $206.37 |
| Average number of loans per Kiva Lender: | 6.06 |
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