Use CC to make microloans on Kiva
Oct 10, 2008 | 2:26 pm
#1
Original Poster
Join Date: Oct 2008
Location: usually SFO
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Use CC to make microloans on Kiva
You can use a CC (through PayPal) to add money to a Kiva account. You can then lend out the money, in $25 increments, to people in developing countries, so that they can start/expand their own businesses and increase their income, and they give you back the money in monthly payments, which you can get back using Paypal. You can earn miles, and help people improve their standards of living, at the same time. IMHO a lot more meaningful than buying big sacks of coins from the mint.
Last edited by epsilon0; Oct 10, 2008 at 2:32 pm
Oct 11, 2008 | 8:52 am
#2
formerly known as Frugal Travel Guy
Join Date: Jul 2001
Location: Greenville, SC
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Posts: 1,925
And how is it treated? Purchase?
Might be a good way to top off accounts. I'm a Kiva lender and very satisfied with the program and the work they do.
Oct 11, 2008 | 10:00 am
#3
A FlyerTalk Posting Legend
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See also this thread.
Oct 12, 2008 | 2:52 pm
#4
FlyerTalk Evangelist
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Please continue the discussion in the thread linked above.
Regards,
Gary aka gleff
MilesBuzz moderator
Regards,
Gary aka gleff
MilesBuzz moderator