What is Kiva? (www.kiva.org)

It is a website that helps to facilitate making micro-loans to entrepeneurs in developing countries. The beauty about Kiva is that it uses the “Don’t give a man a fish, but teach him to fish” philosophy. You make a loan to an entrepeneur to help him or her grow their business, and they pay it back over a period of 6-24 months. As the funds are paid back to you, you can re-lend it to someone else. So it is a little like donating the same money over and over again, and hopefully helping someone a little less fortunate than yourself.

I was introduced to Kiva a few months ago by an old friend, and made my first loans which have to be made in denominations of at least US$25. In other words, if someone is borrowing US$200, they will need 8 investors at US$25 each. Of course you can invest in greater denominations too.

Today I received a notification that US$28 had been repaid on my loans, so I can re-loan it to someone else.

Who have I lent to?

You can see my lending profile here: www.kiva.org/lender/Liezl
I prefer many small loans, and splitting that between different countries. I hope to add another loan or two a month, and slowly build up my lending profile. But here is a flavour:

  • http://facebook.com/liezlhesketh
  • http://twitter.com/liezlhesketh
  • googleplus
  • Pinterest
  • Gmail
  • LinkedIn
  • Blogger
  • Tumblr

Here is the geographical spread:

  • http://facebook.com/liezlhesketh
  • http://twitter.com/liezlhesketh
  • googleplus
  • Pinterest
  • Gmail
  • LinkedIn
  • Blogger
  • Tumblr

It really is fantastic knowing that you’re helping others. I can recommend it highly. And remember, US$25 is only £16 or ZAR190 or AUS$28, and what would you get for that amount of money anyway? Would you get something that could make a lasting difference whilst warming your own heart?