Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What Are Kiva Loans?

0
Posted

What Are Kiva Loans?

0

Kiva loans are a slightly complicated process involving microlending. This is the lending of small sums of money to people, often in less affluent countries, who will use the money to enhance a business, pay off debt or otherwise achieve financial solvency through a loan. Part of the way that Kiva gets its money is through many individual lenders. They invest about $20 US Dollars (USD) or more that becomes part of the money loaned to those who need it.

Related Questions

Thanksgiving questions

*Sadly, we had to bring back ads too. Hopefully more targeted.