Donnerstag, 17. Mai 2012
Why Kiva?
Many people want to help poorer people, but people are fed up with big charities like UNICEF and others. Most people have lost trust in the big charities because they do not know if the money they donate arrives where it is supposed to go. That is where Kiva steps in and makes sure you see the progress that their entrepreneurs are making. Then when the entrepreneurs business is improving, they pay back the loan and you can relend the "Kiva Credit" or withdraw it using a credit card or pay pal. You can be 98.693 % sure that your loan will be repayed. This is good in two ways because you can see that the money is actually arriving there and that your money will be repayed so you can expect to help up to 50 people with $ 25 in 5 years.
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