http://www.kiva.org/invitedby/birger

http://www.kiva.org/invitedby/birger

Right now there are lots of loans at Kiva where the Richard Brindle fund will match your loan amount. You get to double the impact.

Basically, Kiva lets donors crowdsource to buy out loans given by local microlenders. This frees up money for the local organizations so they can continue their work.

Each donor pledges a $25 share, and once a loan is fully financed Kiva will buy out the loan. You can then follow the repayments on your loans. As money gets repaid it comes back to your Kiva account ready to be put to work again.

The are also loans that have not been pre-imbursed by the local lender. In those cases the lender will not get the loan unless Kiva donors sponsor it. Personally, I look for the pre-imbursed ones as that tells me the local organization believes in the project.

You may not get all your money back. So far all of "my" lenders have repaid in full, but a little has been lost due to exchange rates on two of the loans.

We can all spare $25 now and then, can't we? Especially when they come back again and again. Help a mother send her children through school. Or a community build a latrine.
http://www.kiva.org/invitedby/birger