Gifts For Grads – Don’t Give Cash, Give Kiva

This year all the grads we know are getting Kiva gift certificates instead of a boring check or gift certificate to some chain store. Of course every cash-strapped graduate would love a check but with Kiva they get the money AND they get to do good.

Here’s how a Kiva gift certificate works. You buy a gift certificate for whatever amount you want (lowest is $25). Then the gift recipient goes to Kiva’s site and chooses an entrepreneur in a developing country to loan the money to. The microloans are overseen by various banking institutions and the payback rate is 99% (yes, as Muhammed Yunus said, the poor always do pay back). Once the loan is paid back the lender (your grad) can either choose to reloan the money to someone else or withdraw the money and pay their rent. It’s like giving a gift twice – first to empower a microentrepreneur, then to show grads in your life how proud you are of them.



  1. Lindsay said,

    June 9, 2008 at 9:05 pm

    Wow! That’s a really cool website. I’m definitely going to participate. The payback rate and small minimum support shows that investing in the future is doable by everyone. Thanks for getting the word out!

  2. Cheryl Janis said,

    June 9, 2008 at 11:26 pm

    I love Kiva. They and others who offer micro-loans really do change lives and it’s inspiring. Thanks for sharing the info.–Cheryl Janis from Planet PinknGreen (

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