Mattias started making micro-loans to Kiva in 2019. He donated money for each past client into what he is calling the Kiva Program. Since then, Mattias has been making donations to the Kiva Program for each person that has worked with him to buy or sell a house.
If you are not familiar with Kiva, it is a micro-lending organization that specializes in loans that make a difference in people’s lives throughout the world. Some of these loans collect interest but that never comes back to the Kiva Program. Rather, the interest pays administrative costs in the host countries. As the principal is paid back to the Kiva Program, it will be redistributed to empower other people across the world such as these farmers. To better understand this impact, Kiva explains:
"Farmers face many challenges, including unpredictable weather and market prices, and are often forced to choose between investing in their crops and fulfilling basic needs for their families. Kiva works to provide farmers with loans that match their unique needs, and your support keeps their crops growing and their livelihoods stable."
This program seeks to support entrepreneurship in order to help local economies grow in a self-reliant and sustainable manner. As this fund grows, we will be able to help more people more substantially.
If you are not familiar with Kiva, it is a micro-lending organization that specializes in loans that make a difference in people’s lives throughout the world. Some of these loans collect interest but that never comes back to the Kiva Program. Rather, the interest pays administrative costs in the host countries. As the principal is paid back to the Kiva Program, it will be redistributed to empower other people across the world such as these farmers. To better understand this impact, Kiva explains:
"Farmers face many challenges, including unpredictable weather and market prices, and are often forced to choose between investing in their crops and fulfilling basic needs for their families. Kiva works to provide farmers with loans that match their unique needs, and your support keeps their crops growing and their livelihoods stable."
This program seeks to support entrepreneurship in order to help local economies grow in a self-reliant and sustainable manner. As this fund grows, we will be able to help more people more substantially.
