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#microloans — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #microloans, aggregated by home.social.

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  1. Kumusha Power's loan is over halfway there on Kiva! -- Help purchase solar home systems that will be financed for more than a thousand households in Zimbabwe.
    #MicroLoans kiva.org/invitedby/erika7887/f

  2. Just saw a Kiva loan request come across my feed, so I looked into it. Long article linked.

    TL;DR: Kiva started out as a great idea, but has shifted to distinctly for profit. Lenders are not actually giving money to the loan request, but to a pool of money distributed by a mega Corp. Borrowers are charged up to 8% interest. The CEO is making six figures.

    Shady and misleading. Very disappointing.

    Link:
    technologyreview.com/2023/08/1

    #kiva #MicroLoans #CommunityAssistance #MutualAidRequest #MutualAid

  3. I'm a soft-hearted nerd and for years I've made #Kiva #microloans whenever I've had one repaid.

    I'm poor so that $25 has to work its way back for me, but so far I've supported people (often self-employed) in 11 countries.

    Today I added Colombia to that list, bumping it up to 12: and this time it's about #solarpower! ☀️

    You can lend it some dosh here if you feel inclined: kiva.org/invitedby/jenny5091/f

    (I'm aware Kiva isn't perfect, but few things are.)

    #FundRaising #philanthrophy #DoingGood

  4. Ukrainians took over 40 billion in microloans last year. The number of microloans increased by 1.5 times compared to the previous year, reaching 8,244,855 contracts with an average loan amount of 4,926 UAH. Experts note that despite the growth, the total loan amount is still one-third less than before the full-scale war. #Ukraine #Microloans

  5. Just made 33 new #kiva loans. Please consider joining BIML's team on KIVA! Micro-loans are capitalism in action for all the right reasons.

    #philanthropy #microloans #capitalism

    bit.ly/cigitalgem-kiva

  6. I just invested in Talf Solar to increase its solar installation in Bhārat (India) via a €100 microloan on Trine using repayments from other loans supporting electrification in Nigeria.

    Affiliate link where we both get an extra €25 if you use it: trine.com/just-invested/273572

    #microloans

  7. Just made 25 new KIVA micro-loans, bringing our total to $53,300 over 2091 loans. Join Team BIML on kiva by making a loan yourself. bit.ly/cigitalgem-kiva

    #philanthropy
    #kiva
    #microloans
    #charity

  8. Just made 30 new micro-loans through KIVA. Join team BIML here --> bit.ly/cigitalgem-kiva

    #kiva #microloans #philanthropy

    2057 loans and counting

  9. Just crossed the $50,000 threshold in providing #Kiva #microloans in central and south America. A nice accomplishment, using capitalism for good. Join me and team BIML. #philanthropy

    bit.ly/cigitalgem-kiva

  10. India’s 'untouchable' women face discrimination even in schemes meant to help them

    All these rejections contravened the Reserve Bank of India’s guidance that Dalit application be decided at a higher level – presumably to avoid the discrimination at the branch level.

    #dalits #dalit #caste #casteism #untouchability #discrimination #RBI #loans #microloans #microfinancing #WomensRights #WomensEmpowerment #entrepreneurship #HumanRights #welfare #government #business #labour #development #india

    theconversation.com/indias-unt

  11. CW: Using money for good

    I've been making #microloans—small contributions, slowly paid back and reinvested—through #Kiva for many, many years.

    Over the years a small loan of $25+, reinvested again and again, can make a huge difference.

    Over 13 years, Kiva has allowed me to support 55 people/groups throughout the world with a total of nearly $1,500!

    Check it out or join me: kiva.org/invitedby/ingrid1340

    #GoodCause #BeTheChange #Donation

  12. Just made 21 new Kiva loans. Been making these microloans for years. You can join my team (BIML is the Berryville Institute of Machine Learning) and try Kiva yourself.

    bit.ly/cigitalgem-kiva

    #Philanthropy #Giving #Thanksgiving #Kiva #MicroLoans