How Kiva Works

How does Kiva work? What can you use it for? In this video, I'm going to explain everything about this social lending website!

Kiva is a very powerful website that can be used to get a loan to start an entirely new business from scratch (without paying any interest). It's pretty sweet.

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Sal

This post contains affiliate links.

[visualpun]

You should revise this video. Kiva doesn't take interest. But Kiva works with micro-financing companies who do charge varying levels of interest to the borrower. Most of the money KIva supporters donate goes to the micro-finance company and they manage the loan.

[jmdenison]

I am a non profit. what I need is a step by step video to show the process. the website is kind of confusing

[subreezy]

Do you have the option of not accepting the money after it has been raised? When does the interest start accumulating? Is it actually 0% interest for 36 months? What are the percentage fees and/or fees for the borrower?

[gwave-records]

Awesome Sal! You made it so easy to digest. Thanks man!

[davidwilkinson]

1 thing I don't understand, is lending on kiva purely philanthropic? If there is literally 0 chance of making even 1 penny of profit and the big selling point is that "most likely" you'll get your original money back, than that shouldn't be called an investment it should be called charity.

Don't get me wrong i'm good with that and do charitable giving through payroll deductions every paycheck (specifically to the Ronald McDonald House, you should too), but to me when something is labled as an "investment" it needs to have at least some chance at a positive return.

[serenityrahn]

More fun than a game of infinite Monopoly(tm) except it has a real-world impact for about the price of a meal at a "nice" restaurant. I'm in.

[parvezmerchant]

Brother I need loan for actually I am looking for jobseeker visa and to travel for job in Europe countries is it possible to get loan

[liamtollenger]

Great video! I'm still wondering how they have attracted enough lenders that value helping people over getting a profit. If I was pitched this idea, I would think, that's a nice fantasy, but how would it realistically work.

[brendadardenwilkerson]

Struck me as a very colonialist-perspective review of great platform that lends to all nations. Most of the loans I've participated in are in the US. And it's not about charity to minorities in the US. All are welcome to go through the process.

[lavramidis]

I don't remember where I heard this! : Treasures in Heaven

19 Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal.
20 But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal.
21 For where your treasure is, there your heart will be also.

[hojuniverse]

I want to help out! I believe in investing in people and I hope this really does help someone start their business!

[jorelb.acosta]

I have a question is the Kiva Real State legit?? They seem to be renting apartments

[Mangold]

how to trust kiva? who control where the money go? I asked for a refund and they disappear! BEWARE!

[wac]

thanks sal great video - i am investor looking to support people :)

[hebrewisraelites]

what if they take the money and don't pay it back

[zem]

Do i have to pay the money i take back if it is only 25$

[Dhani]

Loan ke naam par 10% processing fees .use baad loan amount ka 30%.isee Tarah logo ko lootte Hai.

[dunningkrugergotyou]

THE. NAME KIVA. IS VERY. VERY MISLEADING FOR YOUR MONEY HUSTLE GROUP . THE WORD KIVA. IS A NATIVE AMERICAN BUILDING THAT WAS USED FOR