Kiva.org is a NPO revolutionizing the fight against global poverty by enabling people to connect with and make personal loans to low-income entrepreneurs in the developing world. Through Kiva, anyone can make a direct loan of as little as $25 and in doing so contribute to a vital influx of capital to the developing world where most of the poor are self employed entrepreneurs. Kiva operates in the microfinance space and works with a growing network of microfinance institutions (MFIs) in more than thirty countries. Our MFI partners post the profiles of their loan applicants to the website. Internet users in the United States, Canada, Europe, and beyond make small loans via PayPal to these businesses. The businesses pay the lenders back over a period of about a year. Since starting, Kiva lenders have funded $6 million in loans this way.
A small loan to purchase business-related items such as sewing machines or livestock can dramatically improve the life of an entrepreneur and his/her family, thus empowering them to earn their way out of poverty.