Join Kiva Team Abundance Canada
Join Kiva Team Abundance Canada and we’ll make a FREE $25 loan on your behalf
Help us get $25 to lend for FREE. When you join Kiva a third party donor will generously give us $25 to lend to a Kiva borrower on your behalf. As the loan gets repaid the money automatically gets returned to this third party donor so you can be sure that we have only the best of intentions in asking for your help. It’s a WIN-WIN-WIN situation!
It won’t cost you anything but a few minutes of your time.
To Get Started Click on a staff photo to join Kiva
When you join from one of the special invite pages (it will open when you click on a staff photo) the staff member you choose will be able to make a FREE $25 loan on your behalf.
After you become a Kiva member, please join us and begin making your own loans
(optional but highly recommended)
Remember that these are loans not gifts. You get your money back. The average default rate is about 1% so the possibility of you losing your money is very low. Once you put money into your Kiva account you can set it up to automatically re-loan the money once it is paid back (that’s what we do) or you can withdraw it and buy yourself lunch. We hope you will join Kiva Team Abundance Canada and lend money as part of our effort to help people get out of poverty and create a world of abundance.
Why are micro-loans important?
Rather than giving money, you are lending money at very favourable market rates to help these people avoid the trap of perpetual poverty from loan shark lending which is usually their only option. Kiva loan rates on average are about 1/3 of the normal lending rates available to these people. For any entrepreneur, borrowing at 1/3 of the market rate will dramatically increase their business success. Through Kiva you are giving them more than a loan you are giving them a way out of poverty. Furthermore, you are helping to create jobs and commerce in those communities.
By participating in micro-lending through Kiva you are lending directly to an individual by providing the capital interest free to the lending partner enabling them to ensure that their loan rates remain at the most affordable levels for these people.
Kiva is a non-profit organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $25 to help create opportunity around the world.
There is an old proverb that says ‘Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.’ Supporting KIVA helps people to ‘fish’ rather than just ‘giving them a fish’. Our core values are Caring for People, Community, Continual Improvement and Contribution. We believe that supporting KIVA achieves all four. Please join us in empowering entrepreneurs to create better communities throughout the world!