#microcredits — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #microcredits, aggregated by home.social.
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In #kiva you can choose the countries you prefer to loan to.
I tend to avoid loans in the US (but that's a personal preference of course) and I look for loans in countries where I haven't lent to yet. 9% of my loans were in Kenya.
You can also choose the sectors you prefer to support. Attached a breakdown of my portfolio
85% of my loans were to women.
I've loaned to several beauty salons, but not to any bookstore yet!
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KIVA is crowdfunding for microcredits. I've been using it since november 2007, that's more than 18 years!
Here are some stats about how I use it:
- I've contributed to 1305 loans, usually $25 to each.
- I have around $3k in the system, but as they have been relended several times, I've lended for a total value of $33k
- I have contributed to loans in 79 different countries(cont.)