How Kiva Works: Follow the Money

By Ed Kohler | Jan 24, 2009



In December 2007 I said “give Kiva a try.”

In July 2008 I described a defaulted Kiva loan that was partially funded by a fellow Minneapolis resident.

In December 2008 I described the successful completion of a Kiva loan I partially funded.

Now I’d like you to watch this video put together by Kieran Ball in London who traveled around the world to explain exactly how a Kiva loan gets to the borrower and how it’s paid back:


A Fistful Of Dollars: The Story of a Kiva.org Loan from Kieran Ball on Vimeo.

Let’s try this together. The first person who goes to Kiva.org, finds someone they consider a worthy recipient of a donation, and posts a link to that person’s profile in the comments will receive a $25 Kiva gift certificate from me that they can put toward that person’s loan request.

Go for it.


7 Comments so far
  1. Kirk January 24, 2009 10:04 am

    Dang–I went to donate and they claimed that all of their loans were filled! Bad luck for me, but great luck for the lucky recipients!

  2. Aaron January 24, 2009 12:24 pm

    Here. I’ll contribute to this on top of your gift certificate.

  3. Aaron January 24, 2009 12:30 pm

    Looks like lately they fill up fast, including the one I linked. I’ll participate on most any of them.

  4. Aaron January 24, 2009 12:49 pm

    All lined up:

    http://www.kiva.org/lender/s4xton

    Thanks

  5. Skyler January 25, 2009 4:58 am

    Signed up and contributed to an Entrepreneur looks like it filled up right after that though. This is a very interesting program, and the first I’ve heard of it. I’ll be sure to pass that video around and encourage more to join in as well.

  6. Kiva.org and You! - Pyroblogg January 27, 2009 10:09 pm

    [...] by Pyrodogg on Jan.27, 2009, under Uncategorized I was recently inspired to check out Kiva.org by Ed Kohler of TheDeets.com [...]

  7. [...] I forgot about it for a couple of weeks. But Ed’s post reminded me about it, so we’re back [...]

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