Small loans, big impact: How Faith and Friends LLC supports Kiva
Updated: Aug 5
At Faith and Friends LLC, we strongly believe in the power of helping others, especially those in need. By doing so, we can make a positive impact on people's lives, regardless of their religion or background. We are proud to support Kiva's small loan program, which provides people all over the world with the opportunity to start or grow their own businesses and achieve financial independence. In this blog post, we'll explore the incredible impact Kiva loans have on individuals and communities, and share how you can get involved in this life-changing cause.
The Kiva lending platform allows regular individuals to invest in small businesses in developing countries. Kiva connects borrowers and lenders through their online platform, making small loans easier and more accessible. By providing these loans, Kiva empowers those who may not have the necessary funds or loans from traditional financial institutions to start their businesses.
Through Kiva, borrowers are able to expand their businesses, create more jobs, and ultimately improve their lives, as well as the lives of those around them. For example, a small business owner in Kenya may use a Kiva loan to buy more inventory for their store, increasing their sales and profits. This contributes to the local economy and helps the borrower become financially self-sufficient.
Kiva has a strong focus on building gender equality and empowering women entrepreneurs. In fact, more than 80% of Kiva's loans go to women in developing countries. This provides women with opportunities they may not have had before, such as starting their own business, providing for their families, and gaining financial independence.
One of the most incredible things about Kiva is that borrowers are able to pay back their loans and reinvest the profits back into their business. This enables them to grow their businesses even further, creating more jobs and continuing to make a positive impact on their communities. By supporting Kiva, we are not just giving a one-time handout; we are investing in individuals and communities for the long-term.
Faith and Friends LLC is proud to support Kiva's small loan program and the incredible impact it has on individuals and communities. By giving a small loan - as little as $25 - you have the power to change someone's life and help them achieve their dreams. We encourage you to consider supporting this cause, whether it's through making a loan yourself or spreading the word to others. As the famous quote from Matthew 25:40 says, “The King will reply, ‘Truly I tell you, whatever you did for one of the least of these brothers and sisters of mine, you did for me.’
Let's make a positive impact together and change lives one loan at a time!