In 2011 we won an award for Best New Community Project. Our goal is to enable people without access to traditional banks (including many women) to expand their businesses, support and educate their children, save for the future and raise themselves out of poverty. Through Kiva, a non-profit organisation working with microfinance institutions, you choose a borrower to support with a loan of just $25. Similar loans by other lenders are combined until the required total is reached. As your money is repaid (often in monthly instalments), you can withdraw it or lend it to someone else. ($25 that is loaned over and over again does more good than a one-time donation.) Join 'Genealogists for Families' - together we are making a difference!
20 May 2012
Genealogists for Families: a Milestone
The Genealogists for Families project is less than eight months old, but today we reached a significant milestone.
Through the non-profit organisation Kiva, the Genealogists for Families team has now loaned a total of $15,000 to low-income borrowers without access to traditional banks. We have helped over 1,000 individuals to expand their small businesses so they can support their families, educate their children or install windows, running water etc in their homes.
(Postscript, 18 May 2013: It is only one year since I wrote this, but the total amount loaned by our team has now reached a staggering $57,000+. That's because we have over 260 members who keep re-lending the same $25 each time it is repaid.)
The graph above shows the wide variety of small businesses that our loans are currently supporting. It does not include loans that have already been fully repaid. (Repeatedly lending the same $25 does so much more good than a one-time donation to charity!)
Please join the Genealogists for Families team - we are really making a difference! For a limited time, new members can make a free trial loan. It costs you nothing because it is sponsored by an anonymous donor.
You may be also interested in a series of articles in which team members write about their family history research interests and how these are linked to their experiences with Kiva.