It’s been harder than I thought it would be to find a few minutes when my husband and I could spend our Kiva gift card together. My sister Jennifer and her fiancee Curtis gave it to us for Christmas this year.
I really wanted Carlo to be a part of the process because he’s never used Kiva before and I so I wanted to guide him through their website and how the lending process works.
I received notice of the gift via email so I started there and just clicked on the link to redeem our balance. I showed Carlo how we could choose from the list of countries or filter by types of projects to give to. He was hoping to find a borrower in Brazil as that’s where he was born but Brazil is not yet on the list of countries to lend to.
His next choice was housing. He quickly found a group that is looking for $2,775 to buy housing materials like corrugated iron sheets, sand, nails and cement. They had only raised 16% of their goal. The group is called Bai Z. They are all teachers from primary schools in Makeni city in Sierra Leone and they have successfully repaid past loans. They’re also a pretty handsome bunch.
One of the reasons we picked them was because another Kiva lender signed up to match all loans made to this group. What a generous offer and an easy thing to sign up for if you choose a project that falls within your budget. The group will end up reaching their goal twice as fast.
A group I loaned to previously is already having some success with their venture and they have made a partial repayment to me. This is becoming a fun hobby. As the money comes back into my Kiva account, I can choose another recipient to lend to.
I’ve talked a lot about Kiva in Pink Monday. If by chance I’ve convinced you to give it a try, check out their website and do a little browsing on your own. You’re bound to find someone you’d like to help and you can start with as little as $25. www.kiva.org
They also have a promotion where if you invite someone and they sign up for Kiva, you’ll get an addtional $25 credit to use for a future loan. I’ve invited Carlo. He better sign up!
Happy Pink Monday!