Team Ultra ...
what
Kiva.org is about micro-lending. This where very small loans (micro-loans) are made to the unemployed, to poor entrepreneurs and to others living in poverty. These individuals may lack collateral, steady employment and a verifiable credit history and therefore cannot meet even the most minimal qualifications to gain access to traditional credit.
For as little as $25, you can help the world's working poor. This is a loan, not a handout. Of the $21,044,410 loans with completed loan terms, Kiva's default rate is a low 2.6%. How many US banks have a rate this good?
why
Team Ultra has been created to promote Kiva.org among ultra/trail runners, endurance athletics, & other interested folks.
how
It's easy. Just visit the Team Ultra page on the kiva.org web site and click on the "JOIN TEAM" button. Team Ultra members continue lending as individuals, but each time they make a loan they have the option to count their loan towards the overall impact of the team.
when
Sign up for the team today. When you are ready to make a loan, you will be set to go.
Videos about kiva.org:
New York Times -
New York Times readers are always asking Nicholas D. Kristof how they can help. He found an inventive way via the Web. D.I.Y. Foreign Aid
A Fistful Of Dollars: The Story of a Kiva.org Loan -
The Fistful Of Dollars video follows the path of a $25 loan from London, England to Preak Tamao village, Cambodia. Kiva.org is a website that allows internet users like you or I to lend money to people that need it in developing countries, with the aim of empowering them to lift themselves out of poverty.
FRONTLINE/World -
FRONTLINE/World travels to Uganda to explore the impact of micro-finance and, in particular, how one San Francisco-based nonprofit is using the Web to connect borrowers with lenders, person-to-person online.
We Let You Loan to the Working Poor.
Kiva's mission is to connect people through lending for the sake of alleviating poverty.
Kiva is the world's first person-to-person micro-lending website, empowering individuals to lend directly to unique entrepreneurs in the developing world.