Help create a better future with Kiva

Starting a business can be challenging, but thankfully, Canada offers resources and grants to entrepreneurs that can help successfully launch a company. Unfortunately, not everyone has these same opportunities.

So when we heard of Kiva – a non profit that connects people through microloans to alleviate poverty – it caught our attention immediately.

The premise is simple: lend money to those who are less fortunate and living in the developing world who will then in turn pay you back as soon as they can afford it.

In 2016, the Atlas team decided to join the cause and help four women in business from around the world. Here is an update on how they are doing today!

After lending  to each woman we are happy to announce that they have all met their total loan and have successfully paid it back.

After a total loan of $1000 was met for Vilma in El Salvador, the 26-year-old gained 8 sacks of corn to make tortillas. A loan of $1,500 helped Shahid from Palestine to pay for her first semester university fees. $400 was loaned to Petronilla from Kenya who purchased another sewing machine. Lastly, an additional $400 was loaned to Shameen from Pakistan who was able to buy a wide variety of cloth in different patterns and colors to help expand her business.

It’s great to see these women flourishing and we’re happy to have played a small part in it. If you still need some convincing to lend to Kiva, here are 3 reasons why we love and support the cause.

#1. You’re not donating, you’re lending

Many small businesses are unable to make permanent donations to the charities they feel strongly about due to budget.

That’s why Kiva is the perfect solution! By lending money, you can still help those who are in need and know you’ll eventually get the money back.

#2. You’re in control of who you lend your money to

Kiva has an index of borrowers so you can scroll through and decide who it is you want to lend your money to. Each borrower shares their story, where they live and what they need the money for so you can find an individual cause that resonates with you.

#3. Have a feel good moment

The feeling you get when you can someone else, especially when it comes to reaching their business goals, is extremely rewarding.

If you are interested in lending to Kiva, click here to visit their website – you’ll be glad you did!

Atlas Communications is a Toronto social media marketing company specializing in social media branding, lead-generation, and results-driven campaigns for companies of all sizes. Contact our agency today for all of your social media marketing needs!

 

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