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Kiva Lender Poverty2Prosperity.org Women's Fund
Location:
San Francisco Bay Area, CA, United States
Occupation:
501(c)(3) Non-Profit Organization
I loan because:
Poverty2Prosperity.org (P2P) engages in poverty alleviating projects such as making zero percent interest loans to the working poor. During our ten years of making loans to the working poor, 97% of all donations have gone directly into making loans (thanks, in large part, to our 100% volunteer staff). See our website for more details: http://Poverty2Prosperity.org
About me:
This P2P fund is dedicated to making loans to women entrepreneurs. 70% of women and their families are living in poverty. There are good reasons to loan to women who do not have access to traditional credit. Repayment rates for microloans made to women are higher than men. They also contribute larger portions of their income to household consumption than their male counterparts. Working women are more likely to educate their daughters than men. P2P manages a number of funds including those targeted towards education & tuition fees, youth, single parents, personal housing, and USA-only. Please see our site for more details: http://Poverty2Prosperity.org