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Kiva does that [https://www.kiva.org https://www.kiva.org]. Kiva is a lending platform focused on micro-finance. All the money you lend directly goes to the bo
by sgpl 13y ago
Kiva does that [https://www.kiva.org https://www.kiva.org].
Kiva is a lending platform focused on micro-finance. All the money you lend directly goes to the borrowers(via its lending partners), and once the lender returns the money, you can recycle the amount to another borrower on the website.
They do have suggested donations to Kiva, usually 10%/15%/20%/self-specify of the loan amount.
- toomuchtodo 13y ago15% is the default I believe.
- larubbio 13y agoVittana works in a very similar way except they are focused exclusively on helping to fund education. http://www.vittana.org/ http://www.vittana.org/
- makomk 13y agoI'd be very surprised if Kiva don't have other ways of funding themselves - the microfinance institutions that make loans using Kiva money charge fairly substantial rates of interest on the loans, making it very profitable for those organisations at least.