The Charity That Announced It Had Raised Enough

The Charity That Announced It Had Raised Enough

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Kiva“Has a charity ever announced that it had enough money?” did.

Their website, which allows visitors to fund start-up ventures for women in third world countries with micro-loans as little as $25.00, announced in January that every business in its database had been fully funded.

Almost a quarter million people with one click have funded $19.5 million worth of loans.

But don’t worry, a new batch of loan-seeking entrepreneurs have been added to, and the funding goes on.

(READ the story in the New York Times story)


  1. I remember seeing this at Kiva’s site and I was absolutely amazed. It is a brilliant model, because it helps people around the world run a business and become self-sufficient. And to see so much generosity on the part of everyday people who become lenders is very gratifying. Thanks for the post, M. Mealey!