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Thursday, August 4, 2011

Abundance Video: Kiva (world wide web micro loans from individuals to individuals)

Kiva
How Kiva Works video Individuals lending money to individuals via the internet.
Who in the world needs a loan?

1) Choose a borrower
All loans on Kiva are deserving of funding. Pick the one that speaks the most to you.

2) Make a loan
Loan amounts can be as little as $25, or as high as the full loan amount. Checkout is quick and easy, made possible by Paypal.

3) Get repaid
As the borrower repays the loan, the money becomes available in your account. This is called your Kiva Credit.

4)Repeat
You can now use it to fund another loan, donate it to Kiva, or withdraw it to spend on something else.