Sponsoring with Compassion has opened up new opportunities to help others! First I learnt about Love Mercy Uganda and now I have been reading up about Kiva. It is amazing that God has opened my heart so much and then presented these opportunities!
Kiva says "We are a non-profit organization with a mission to connect people through lending to alleviate poverty. Kiva lets individuals lend as little as $25 to help create opportunity around the world." That is what was really interesting to me. Donating my £20 on my own won't do much but linking with maybe 10 or 20 other people gives us the power needed to change the life of a person fighting their way out of poverty.
I see it as helping someone achieve their dream! They are ready to work hard and put the hours into their business but they need that extra help to get started. There are so many projects on the site from help buying goods to start up a shop, to taxi repairs, to scholarship help, and even buying a bee colony! You can search by country as well as by type of project. It is so interesting to read a little about the person requesting a loan.
I love this because sometimes I have a little extra money that I want to use for a good cause but it isn't a steady amount that would be required for a child sponsorship. With Kiva I can give a loan $25 (about £20) whenever I have that spare. It isn't a long term monthly commitment and I know that a lot of people just can't afford to sponsor a child for 10 or more years. This is a lot more short term than that!
You make your loan to one of the financial partners who support Kiva. In a way you are giving these partners the ability to make future loans and to help more people and, as the loans have already been given out, people don't have to wait ages and ages to get a loan! You can check up on the loans that you have made and you get updates as the repayments are made. The repayments are yours but, of course, you are free to lend again and help someone else!
Now this is something amazing! This link is an invite from me to you. It lets you give a loan of $25 to a Kiva project of your choice at no cost to you at all! I hope that you take this chance to help someone achieve their dream!
Kiva - Loans that change lives.