Thanks to Team Leader Jennifer Bradshaw, the CCG is now a proud member of a micro-lending team on Kiva.org.
Microfinance is based on the idea that low-income individuals are capable of lifting themselves out of poverty if given access to financial services. Micro-lending is a way to provide those financial service to low-income individuals or emerging businesses without access to typical banking services.
The process is simple. We collected money internally, and provided it, through Kiva, to one of their Field Partners on five continents. The KIva Field Partner structures and administers our contribution as a repayable, no-interest loan to a struggling small business with a good idea but no capital. Over 98.6% of Kiva loans are completely repaid, without interest.
For more information, go to http://www.kiva.org/ . OR you can join our lending team by clicking here.
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