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Stats from Kiva.org on August 19th, 2012

			
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About Kiva Organization


Kiva is 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.

Click to find out more about Kiva and how it works.




About Kiva High School Singapore American School Chapter (Kiva SAS)


Kiva SAS is the service club wing of its sister club, Business Club. Kiva SAS, currently a member of Kiva High School, is a member of the SAS Service Council and is the only service club that ameliorates the lives of many through the power of economics.


Unlike other clubs, Kiva SAS does not donate materials to impoverished villages across the region, albeit we believe it is very philanthropic and commendable for other clubs that do it. Rather, we believe that in order to permanently and set the precedent for a self- sustainable (meaning they won’t depend on charity) future of a high standard of living, it takes a strong local economy.


We firmly believe in entrepreneurial spirit as it is the cornerstone of every market based economy. We commend the entrepreneurs in poverty-stricken areas to risk their life's savings to make a difference to their local area. We support these entrepreneurs by providing them with loans to help finance their dream. With their own business succesfully running, they will have more money to spend, whether it is on their child’s education or on consumer goods, either of which would be supporting their local economy for a sustainable and better future.


We hope that Kiva High School SAS Chapter will not only serve as an example for many people to follow within our own local community at school, but also to truly change the lives of an entrepreneur that will then help in changing the lives of everyone around them. We envision the day that the standard of living for every one will be on par to the standard of living we enjoy here in Singapore. We can only reach that stage if every country’s economy grows to the level of a developed country. And what better way to support economic growth than to support the backbone of the economic growth, the entrepereneurs.