In 2015, I set up a recurring deposit for $25 a month to KIVA, and used the money to make a micro loan each month!
I stopped adding money after 14 months, but I've re-loaned my $350 over and over as it's paid back, making 150 $25 loans for a total of $3750 in loans over the past 10 years! I specifically choose loans to women, usually ones looking to start or improve their businesses (including one woman here in San Jose, and one in Oakland!)
I love seeing how an amount that is mostly insignificant to me can make a huge difference to a woman who has trouble accessing traditional loans, giving her independence and a way to support herself and her family.
If this sounds like something you might want to do, click the link, sign up, and make a loan! 😉
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