CLC Supports KIVA To Do Some Good

Kiva

CLC students discussing where to lend funds.

CLC believes in giving back to the local and international community as often as possible through volunteer activities and projects.

Just last week, the Volunteer Club at CLC Montreal lent over $300 to entrepreneurs in remote areas using the KIVA platform.

In case you were asking yourself “What is KIVA?”, it’s a well known microfinance website that matches entrepreneurs who need a helping hand to get their business started with lenders from all over the world. More specifically, as stated on their official website: “We are a non-profit organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $25 to help create opportunity around the world.”

For some individuals living in poor communities, $25.00 is a huge amount of money and can be beneficial in jump-starting one’s business.

The Volunteer Club at CLC Montreal engages in this activity roughly once per month in order to re-lend the funds in the school account. What is fantastic about this activity is that students decide together as a team who will receive the loans. It can be an arduous process as there are thousands of groups who need help starting their business. However, we try as much as possible to diversify the recipients and touch all four corners of the world.

To date, CLC has lent 50 loans to groups in 27 countries including Mexico, Bolivia, Chile, India, Pakistan, Tanzania, Zimbabwe, and Cambodia. Way to go!

CLC students: If you would like to get involved in this initiative, please make sure to join the Volunteer Club at CLC Montreal. We meet every Wednesday from 3:30-4:30 p.m.

Thank you to all of our dedicated Volunteers.

-Melissa

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