By supporting ABP's microloan initiative through Kiva, you empower students to create a lasting impact by supplying vital financial resources to local entrepreneurs in underserved regions. Kiva is a renowned nonprofit organization that facilitates microloans to individuals and small businesses around the world. Microloans, the heart of Kiva's mission, involve providing small loans to individuals who often lack access to traditional banking services, and help to kickstart small businesses all across the globe.
Through ABP's partnership with Kiva, we have the incredible opportunity to consistently reinvest in new workers and budding entrepreneurs, as the repayments we receive from our microloan recipients can be reinvested to support other borrowers, creating a cycle of empowerment and positive change. These microloans help recipients start or expand small businesses, generate sustainable income, and enhance their economic prospects, aligning perfectly with our commitment to fostering meaningful community development and transformation.