KIVA is a charity where individuals, schools, businesses or organizations in industrialized nations can make small business loans to entrepreneurs around the globe. The primary objective of this international service project is to connect students with someone from another part of the world. Students will truly have the power to lend a small amount of money to an entrepreneur in the developing world, empowering that person to lift themselves out of poverty. KIVA loans often have a tremendous life changing impact on not only the adults that we are lending to but their children as well. It helps the poor in other countries get better access to food, medical care, clothing and shelter. It’s a hand up not a hand-out since they are loans. The old adage “give a man a fish and he will eat today, teach a man how to fish and he will eat for a lifetime” applies to Kiva. A detailed selection process with in depth discussion in class and with parents is integral to this activity. Instead of reading about someone from another country, they can actually make meaningful, possibly life-changing contact with the person.
This year's 7th grade class was able to make about 160 loans with the $4000 they collected in 26 different countries. The most popular countries this year were Uganda, Kenya and Mexico. Almost every student made his/her own selection for a $25 loan to someone. Examples of this years' loans included: helping a woman buy chickens in Madagascar, watermelon seedlings and a cow in Kenya, cosmetics to sell in Tanzania, and women selling tortillas, sweets and snacks in Mexico. Repayments are tracked online and most loans are fully repaid by the end of the school year.
For more information contact Mr. Montgomery at firstname.lastname@example.org