Sunday, October 25, 2015

Extra Credit Blog

Kiva is a non profit organization which helps out people who are in need of money. You donate money (25 or more dollars) and then you will get repaid. So if I were to donate to someone on Kiva who needed the money, I would donate then get repaid some time later. It's practically like a bank funding loans.

I researched two members on Kiva and this is what I found:

Jean Marie Vinney:

He is an entrepreneur in south Africa who owns a milk collection. He needs  14,500 dollars to help fund a truck to increase the capability of milk at his center. If he gets this truck, he will be able to distribute three times the amount of milk he does currently without the truck. As of right now, he is 36% done with his needed loan to be able to buy the truck.

Ronald:

Ronald is a small farmer who needs 600 dollars to be able to buy himself a motorcycle. He is married with five children and does lots of farm work. Without the motorcycle, it is hard for him to go to markets and such because of his poor transportation. With the motorcycle, he will be able to go to markets to help support his farm work.

Kive is a very helpful site for people in need. This site helps people all around the world to improve their life and daily activities. From milk collector to needing a vehicle to get around. Everything Kiva does it helpful towards the people requesting loans. It is a safe website to be able to donate around the world. You will practically always get your loan money back from the people you have loaned too, so your pretty much losing no money what so ever. Kiva is a very good idea with very good intentions.

1 comment:

  1. I changed your grade, giving you full credit for getting this in on time. Also you picked up 5 more points for doing a nice job writing about Kiva. Good work!

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