Charity Spotlight: Kiva


| 10/7/2016 12:00:00 AM


Tags: MEL Gives Back, Kiva, Microlending, Charitable Giving,

Kiva
Image Courtesy Kiva

This issue’s charity: Kiva

Why they’re crucial: Giving a gift that provides opportunity for those in need is the perfect way to embody the holiday spirit. This year, consider a charitable gift for your friends and family that keeps giving back, year after year.

Kiva is a microlending organization that allows donors to lend money to borrowers from all over the world. Some are entrepreneurs. Others are farmers. Some simply need to make improvements to their home. Once their loan is funded, the borrower begins the process of paying that loan back each month, meaning that all loaned funds will eventually make it back into a lender’s account, allowing them to continue paying those funds forward by relending to another borrower of their choice.

The organization offers the option of a Kiva Card, a gift card in amounts ranging from $25 to $2,000, enabling recipients to choose who they lend funds to and to continue re-lending after the money is returned.

What they do: 




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