Tags: Non-Profit Organisation.
Kiva Microfunds (commonly known by its domain name Kiva.org) is a 501(c)(3) non-profit organization that allows people to lend money via the Internet to low-income / underserved entrepreneurs and students in over 70 countries. Kiva’s mission is “to connect people through lending to alleviate poverty.”Since 2005 Kiva has crowd-funded more than 1 million loans totaling more than a half a billion dollars at a repayment rate of 99 percent. As of Nov.
