Kiva is a microlending website where individuals make micro loans to help people in developing countries climb out of poverty. As a member, you choose who to lend, starting with as little as $25.00. As the loan is repaid, you get your money credited back to your account and you can either re-lend or withdraw your money.
Kiva Team Obama (link on the right) was created on September 4 by a Kiva member and in just a week it has grown to include 152 members and 210 loans totaling $5,800.00. As more loans become available, the number of members increase along with the total amount loaned.
I’ve been a member of Kiva since February and I joined the team as a way to show support for Obama and his call for community service, helping one person at a time.