Kiva is a leader in online microlending, allowing lenders to loan as little as $25 USD to any of the entrepreneurs listed on the site in a safe and secure manner. Soroptimist International of Victoria Westshore (SIVW) chartered in May 2010 and began microlending immediately with four loan increments it received as a chartering gift. Since then we have lent to 181 women and/or groups of women in 36 countries worldwide.
We play an active role in the worldwide Soroptimist Kiva Lending Team, with more than $4,500 in loans. The Soroptimist Kiva Lending Team is a collaborative effort of Soroptimists and clubs around the world, currently credited with $55,000 in loans. This is a snapshot figure, changing almost every month as repayment funds are received in our Kiva account.
SIVW has little more than $350 invested, yet we have been able to lend the funds over and over again. This is the nature of microlending. We receive updates on a regular basis as the lives of these women entrepreneurs change for the better.