Kiva facts
Kiva is a non-profit organization that
allows people in need of a little extra money to get the help they need. People
will go to Kiva to share their story to try and encourage people to donate money
to them. They most likely need the money to kick start their business but they
might need other things such as animals to help provide for their family. Also,
schools and social businesses will go on to borrow money. However, the money is
more of a loan. Kiva has a 97.1% loan repayment. This means that you will most
likely get all of the money you donated back.
Kiva works in 89 countries and has had 1.7 million people donate. Kiva
is done all over the internet by microfunds. They have collected over 1 billion
donations. Along with Kiva.org, there is KivaZip.org, that shares personal
stories of all the people or businesses on there. Kiva is supported by grants,
loans, donations, corporations and national institutions. It is headquartered
in San Francisco, California.
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