Kiva - Fix the Philippines, help citizens identify, raise and fix issues in their society and the government

Kiva Microfunds (commonly known by its domain name, Kiva.org) is a 501(c)(3) non-profit organization that allows people to lend money via the Internet to low-income entrepreneurs and students in over 80 countries.

Facts 2
Kiva borrowers pay high interest rate of average 35% unverified
(as of January 7, 2010) Some people, including microfinance pioneer Muhammad Yunus, argue that the interest rates of many microcredit institutions are unreasonably high. In his latest book he argues that microfinance institutions that charge more than... Show More
8 years ago dsalunga reply
760
Kiva's mission is “to connect people through lending to alleviate poverty.” unverified
8 years ago dsalunga reply
425

Sources

https://en.wikipedia.org/wiki/Kiva_(organization)
http://www.cgdev.org/blog/kiva-not-quite-what-it-seems
http://www.cgdev.org/blog/matt-flannery-kiva-ceo-and-co-founder-replies
http://nextbillion.net/nexthought-monday-the-kiva-fairytale/
http://www.dailykos.com/story/2014/2/11/1276681/-The-joys-of-pretending-to-help-the-poor-The-Kiva-Story

dsalunga

Posted 8 years ago | Edited 8 years ago