We first supported the KIVA loan program with a $1,500 investment. That was enough to offer 30 loans of $50 each to people in different parts of the world.
Every year, we add $500 to our loan portfolio. Most recipients repay their loans, allowing new lending. The portfolio to grow to 74 loans, with a total of $3,700 invested this past year.
With a very high loan payback ratio, we are able to help more people with more money. Micro-lending is a beautiful thing, helping entrepreneurs build small businesses and improve their lives all over the world.