Kiva Lending Team: Support MFIs with interest rates below 15%!
We loan because...
Following articles about the rising number of suicides in Andhra Pradesh, India due to the extortionate interest rates charged by some MFIs, we decided to support MFIs with interest rates below 15%.
www.businessinsider.com/hundreds-of-suicides-in-india-linked-to-microfinance-organizations-2012-2
Location: Worldwide
Latest Messages
1 messages. Join the team to get in on the action!
Team Activity
This team has not made any loans in the past 90 days that are currently raising funds. Check back soon or make a loan!
Impact Updated Hourly
5
Team Members
$275
Amount Loaned
11
Loans
2.2
Loans per member
Have feedback on lending teams? Click here.