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Sunday
Jan192014

We've Now Made $1,200 In Kiva Loans

The Medical Spa MD community has now made $1,200 in loans to entrepreneurs in third world countries!

If you haven't heard of Kiva, it's a nonprofit who empowers small business in the third world in order to help people start businesses to grow their local economy. Kiva is an online platform that lets individuals extend very small loans (as little as $25) to borrowers around the world – usually folks in developing countries that lack the collateral, employment history, and credit to take out traditional loans. These investments to small businesses and entrepreneurs don’t just create opportunity and support community-driven projects but “connect people through lending to alleviate poverty.  Women are especially assisted by microloans

Note: It's a 'lending' program and not a donation... You can get your money back out of the system after your loan is repaid, or you can just lend it again to someone else.

Take a look at our Kiva group here and consider lending to help someone who could use $25 more than you.

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