I Heart!

November 13, 2011|By David Lester

Part of making and loving money is to give a little back to our community.  We all profit because of each other and any money that I make due to our global community I give some back.  My favourite place to give back that I believe makes a HUGE difference is

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.  It allows you to give something back when you’ve done well in the market through microfinancing the world’s most needy.

What does Kiva do?

Kiva envisions a world where all people – even in the most remote areas of the globe – hold the power to create opportunity for themselves and others.

On their site they write that they believe providing safe, affordable access to capital to those in need helps people create better lives for themselves and their families.

How does Kiva work?

Making a loan on Kiva is so simple that you may not realize how much work goes on behind the scenes.  I love how you can track the family that you’ve lent and watch their success!  You have the option to give to agriculture, housing or group projects.  If it all seems overwhelming they have an option to pick someone for you.

Kiva works with microfinance institutions on five continents to provide loans to people without access to traditional banking systems. One hundred percent of your loan is sent to these microfinance institutions, which they call “Field Partners”, who administer the loans in the field.

Kiva relies on a world wide network of over 450 volunteers who work with our Field Partners, edit and translate borrower stories, and ensure the smooth operation of countless other Kiva programs.

How they get their loans

100% of every dollar you lend on Kiva goes directly towards funding loans; Kiva does NOT take a cut.  If you chose to give to the organization you have the option when you’re checking out after giving your donation.  Kiva does not charge interest to our Field Partners, who administer the loans either.

Kiva is primarily funded through the support of lenders making optional donations. They also raise funds through grants, corporate sponsors, and foundations.

How Do You Heart Kiva too?

Go to and make a loan or volunteer.  Money is like energy and the more you lend and give the more will come back to you!  $100 is a nice dinner out for me and it could mean inventory for a mom who is supporting a family.  I can have “krappy”  dinner a few nights knowing that I’m supporting a better world economy.

Click here to visit Kiva!

Keep loving great organizations like Kiva and your money too!




David Lester
About David Lester

David Lester is a best selling author and professional Financial Coach, helping people be better with their money. David has written a personal finance book that breaks with traditional attitudes towards finance and describes his own philosophy to money that he has gained through his personal and professional experiences. His philosophy on money applies to many areas of everyday life, including banking, investing, goal setting, shopping and entertainment.