GROUPON KIVA VOUCHERS/GROUPON-PROMOTION KIVA CARD TERMS & CONDITIONS

 

A Kiva voucher purchased via Groupon (“Groupon Kiva Voucher”) and a Groupon Kiva Voucher that is converted into a Groupon-promotion Kiva microloan card (“Groupon-Promotion Kiva Card”) are each hybrid microloan products which allow its holder to make microloans to borrowers identified on the www.kiva.org website (the “Kiva Website”) and/or an automatic charitable donation to Kiva.  The use of a Groupon Kiva Voucher and a Groupon-Promotion Kiva Card is subject to Kiva's Terms of Use as well as the following terms, conditions and limitations:

 

·                Groupon Kiva Vouchers and Groupon-Promotion Kiva Cards may be redeemed by accessing www.kiva.org/groupon.

 

·                May 31, 2011 Redemption Deadline: 

 

·                You understand that, in order to make a microloan via the Kiva Website with a Groupon Kiva Voucher or Groupon-Promotion Kiva Card, such Groupon Kiva Voucher or Groupon-Promotion Kiva Card must be redeemed by May 31, 2011.

 

·                If a Groupon Kiva Voucher or Groupon-Promotion Kiva Card has not been redeemed on the Kiva Website by May 31, 2011, then the entire value of such Groupon Kiva Voucher or Groupon-Promotion Kiva Card automatically becomes a charitable donation to Kiva’s general operating expenses in furtherance of its 501(c)(3) purposes (however the purchaser is not eligible to receive a tax deduction with respect to the $10 discount portion of the Groupon Kiva Voucher or Groupon-Promotion Kiva Card). After the conversion to a charitable donation after May 31, 2011, the Groupon Kiva Voucher or Groupon-Promotion Kiva Card may no longer be used to make microloans on the site.

 

·                If the Groupon Kiva Voucher or Groupon-Promotion Kiva Card has been redeemed on the Kiva Website by May 31, 2011, then the credits (i.e, $25) will be placed in the redeeming person’s Kiva credit balance and the full $25 in credits – the $15 portion funded by the purchaser and the $10 discount portion funded by the promotion sponsor – may be used by the redeeming person for making microloans on the Kiva Website.   No portion of the credits may be redeemed for other Kiva products or services, such as Kiva-branded merchandise or promotional products.

 

·                The $10 discount portion of the Groupon Kiva Voucher or Groupon-Promotion Kiva Card funded by the promotion sponsor (i) may not be withdrawn by the redeemer from the redeemer’s Kiva account, (ii) may not be deducted to purchase a new Kiva microloan card (referred to on the Kiva Website as a “Kiva Card”) and (iii) may not be deducted to fund a donation to Kiva. 

 

·                A Groupon Kiva Voucher and its associated code may, in lieu of a voucher presentation, be converted on a one-time basis as a Groupon-Promotion Kiva Card by utilizing the Groupon-Promotion Kiva Card paper attachment formatting option.  Such Groupon-Promotion Kiva Card is transferable, subject to all of the terms, conditions and limitations set forth herein, which shall apply equally to any transferee.  

 

·                The purchaser of a Groupon Kiva Voucher or Groupon-Promotion Kiva Card is the owner of such item until it is redeemed by another user. If the purchaser elects, for whatever reason, to redeem the Groupon Kiva Voucher or Groupon-Promotion Kiva Card that (s)he has transferred to another person, it is the sole responsibility of the purchaser to alert his or her recipient(s) that such item is consequently no longer available to be used by the recipient.  Under no circumstances may a Groupon Kiva Voucher or Groupon-Promotion Kiva Card be redeemed more than once.

 

·                Redemption of a Groupon Kiva Voucher or Groupon-Promotion Kiva Card by another user (i.e., someone other than the purchaser) occurs when any portion of the value of the item is drawn upon by such user to make a transaction on Kiva. Upon such a redemption, ownership of the Groupon Kiva Voucher or Groupon-Promotion Kiva Card (and the all of the value thereof) is deemed transferred in full to that redeemer.

 

·                Please exercise appropriate precautions to safeguard the Groupon Kiva Voucher or Groupon-Promotion Kiva Card, as they are not refundable and no replacement credits for a particular Groupon Kiva Voucher or Groupon-Promotion Kiva Card can be issued once that item has been redeemed, whether by the purchaser or another user, or if the item is lost or otherwise is no longer unavailable to purchaser or recipient.

 

·                A Groupon Kiva Voucher may only be purchased on the www.groupon.com website via Groupon, Inc.

 

·                Groupon Kiva Vouchers and Groupon-Promotion Kiva Cards and their use on the Kiva Website are additionally subject to Kiva’s Terms of Use and Privacy Policy.

 

These terms, conditions and limitations may be modified by Kiva in its sole discretion from time to time and such modifications shall automatically become part hereof, and shall be effective once posted by Kiva on the Kiva Website.