Kiva.org

This project was created in response to the notoriety and success this organization has had on entrepreneurs throughout the developing world. The fall semester of 2007 was the first time that our SIFE team had dedicated a project to this non-governmental organization. Kiva provides a web site and system of facilitators that connect potential lenders to individuals that are in need of small interest free loans. Lenders are able to give small loans to individuals that they feel a connection with and are willing to support financially. The organization has been very successful and has been publicized by a number of famous people. At this point, our team has given twenty five-dollar loans to eight entrepreneurs in places such as Kenya, Somoa, and Peru. The project is in its early stages and we are looking for ways to make larger impacts through this wonderful organization.