Lend $25 Dollars to Kiva, and Change someones Life!
By Roger Hunt-Jumbo Loans
(Private Mortgage Advisors/an affiliate Wells Fargo Bank N.A.)
Kiva How does it work? Kiva brings together lenders and worthy enterprises on the web. From Kenya to Ecuador, microfinance institutions (MFI) around the world go to Kiva.org and post photos and profiles of low income entrepreneurs in need of money for their businesses.Loans made easy and personal. Lenders go to Kiva.org and browse through profiles of low-income entrepreneurs-a dairy farmer in Kenya, a man who wants to open a shoe shop in Honduras, or a tailor in Bulgaria. Lenders can then loan as little as $25 to the entrepreneur of their choice via PayPal, a globally recognized online payment service.When a loan is funded by individual lenders, Kiva pools the money and transfers it to a Microfinance partner who handles distribution and collection of loan payments. Journal updates ke...
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