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Micro Loans & Trivia Nights: Immanuel Young Adults Making a Difference

Categories: Blog

Which is largest: a megabyte, a kilobyte, or a gigabyte? Which is the highest waterfall in the world? Should we loan money to Norah in Egypt to purchase cattle or Rutendo in Zimbabwe to buy pigs?

There’s more than trivia at Immanuel Young Adult trivia nights. Before the official game begins, Immanuel young adults select Kiva micro loans to support. Each month, we track our progress and the stories of our loan recipients.

What is Kiva? 

More than 1.7 billion people around the world are unbanked and can’t access the financial services they need. Kiva is an international nonprofit, founded in 2005 in San Francisco, with a mission to expand financial access to help underserved communities thrive. Kiva does this by crowdfunding loans and unlocking capital for the underserved, improving the quality and cost of financial services, and addressing the underlying barriers to financial access around the world. Through Kiva’s work, students can pay for tuition, women can start businesses, farmers are able to invest in equipment, and families can afford needed emergency care. 100% of every dollar you lend on Kiva goes to funding loans. (Source: https://www.kiva.org/about)

How are we making a difference?

Immanuel young adults have already invested $3,000 in Kiva micro loans. This was made possible through a challenge from Immanuel’s session to distribute $3,000 in support of women and children. Because our micro loans are consistently repaid, Immanuel Young Adults continue to re-lend funding. Our total amount lent is now $4,825. That funding has gone to 76 loans in 33 countries, including the United States. Immanuel is in the 98th percentile of givers on Kiva.

Some projects we’ve supported:

  • We loaned the funds for half of a boat to Jema and her husband in the Philipines. They’re using the boat to improve their livelihood so that they can send their children to school.
  • We sent funds to Judith in Knubu, Kenya to buy farm supplies, such as seeds and fertilizers, so that she can use the profits to support her children’s education.
  • We supported Ms. Hien. She had a retail business for ten years, but she couldn’t afford a hygienic latrine. Now, she can purchase brick, sand, cement, and equipment to build a toilet; that means clean drinking water and improved sanitation facilities. She has fully repaid our loan.

How can you get involved?

Join us! Young adults (ages 22-36) are invited to join Immanuel for our regular trivia nights! Friends are welcome, too. Appetizers and your first drink are on us, plus you’ll help us choose new projects to fund through Kiva. The next trivia night is Tuesday, February 12 at 6:45 pm at Mister Days Sports Rock Cafe (3100 Clarendon Blvd. Arlington, Virginia). To be added to our Young Adult text message list for invitations and reminders, text “young adult” to 97000.

Author: Billy Kluttz