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Article: Bag-all x Kiva

Bag-all x Kiva

Bag-all x Kiva

GIVING BACK IS ONE OF THE MOST IMPORTANT THINGS TO BAG-ALL. WHETHER IT’S GIVING BACK TO THE PLANET, THE COMMUNITY, OR TO A FELLOW HUMAN IN NEED. FOR A FEW YEARS, WE HAVE BEEN DONATING MONEY TO AN ORGANIZATION THAT WE FEEL VERY PASSIONATE ABOUT. IT’S CALLED KIVA, AND ITS MISSION IS TO HELP ENTREPRENEURS IN POOR REGIONS ACROSS THE WORLD TO START, OR ADVANCE, THEIR OWN BUSINESSES BY GIVING THEM MICROLOANS. THE ENTREPRENEUR PAYS BACK THE LOAN AND WE ARE THEN ABLE TO LEND THAT MONEY TO SOMEONE ELSE. IT IS A WIN-WIN ALL AROUND!
BY LENDING BUSINESS FUNDS TO PEOPLE IN NEED, THEY ARE GIVEN A CHANCE TO START SOMETHING OF THEIR OWN, SOMETHING THAT MATTERS AND THAT WILL PROVIDE LIFE-LONG SUPPORT FOR THEM, THEIR FAMILIES AND THEIR LOCAL COMMUNITIES.

 

HOW DOES IT WORK?

It’s actually very simple. You pick an entrepreneur, lend them money, and then they pay you back once their company takes off. When the money has been paid back, it can be reinvested towards a new entrepreneur. The best thing about Kiva loans being loans, and not donations, is that the money can be reinvested over and over again, meaning, you can help hundreds of people. You can also choose which category to invest in, for example, agriculture, women, education, ECO-friendly projects, etc.

 

BAG-ALL X KIVA

So far, Bag-all has lent over $6,000 to female entrepreneurs in 46 countries. We have made a total of 219 loans, and we will continue to support women for many years to come. If you want to join our effort you can attribute your loan to #Team Bag-all on the Kiva website.

 

 

WHY KIVA?

Take the opportunity to help where your help will make a real difference. In our opinion, donating money to Kiva in someone else’s name is a great gift! Imagine how many entrepreneurs around the world we can help together. Most women in the Western world are raised with the belief being instilled in them that anything is possible.

Imagine being born in a country where your opinions and ideas are not believed in and where funding is a foreign concept that most people only dare to dream of. Now, imagine being able to change that. Together, we can change the futures of so many people around the world, whose families and communities will flourish in a way they never though was possible, not even in their wildest imaginations. Lending money to a local woman will not only help her, but potentially her whole town or village. Help us make an impact worth being proud of. By making small, micro loans, we can make big, impactful differences together.

 

SOME QUICK FACTS ABOUT KIVA

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