Get $25 Credit if You Loan $25 Or More On KIVA Through Paypal

PayPal has a new offer for making loans on Kiva. You can get $25 for making any loan on the microloans platform. Let’s see what this Kiva PayPal $25 promo is about.

Offer

PayPal customers will receive a $25 Kiva credit, after making a loan on Kiva. It will be immediately available in the Kiva account. Credits must be lent to entrepreneurs outside the U.S. through Kiva.org.

Here’s how it works:

1. Click the Lend Now button
2. Make a loan to the entrepreneur you choose
3. Receive $25 to lend to another Kiva entrepreneur, courtesy of PayPal
4. Receive repayments on your initial loan

Promo Page

Received the credit right away.

Offer Terms

• Open only to residents of any one (1) of the fifty (50) United States or the District of Columbia who: (1) are eighteen (18) years of age or older (or at least the age of majority in their jurisdiction of primary residence
• Loan made on the offer microsite on the Kiva.org platform made through the Kiva landing page designated for the offer in the amount of $25 USD or greater.
• Starts at 12:01:00 a.m. Pacific Time (“PT”) on May 1, 2019 and ends the earlier of (2) 11:59:59 p.m. PT on May 11, 2019 or when the total Reward amount reaches five thousand (5,000) loans.
• “Redemption Period”: Starts at 12:01:00 a.m. Pacific Time on May 1, 2019 and ends at 11:59:59 p.m. PT June 15, 2019.
• A Kiva credit in the amount of USD $25.00 to make another loan using the Kiva.org platform during the Redemption Period to a qualified borrower registered with Kiva on Kiva’s platform and located outside the United States.
• Proceeds from the loan are not payable to Eligible Participants and are instead payable to the Kiva PayPal Donor Advised Fund.
• There is a limit of one (1) Reward per Eligible Participant.

Guru’s Wrap-up

We have seen this Kiva PayPal $25 promo in the past. Kiva does not guarantee repayment or offer a financial return on your loan. You’ll usually get your money back, but there’s a very small change that people might default on the loan. Seems to be very rare though. KIVA can be used to increase your credit card spending when needed, but you should have enough cash to float for months as many loans will take a long time to be repaid.

Even if you don’t receive the credit, you still won’t lose any money and you’ll feel better about helping out people in need, somewhere in the world. I loaned my $25 to someone who needed it for necessary basic repairs to his family home where four little children and disabled and elderly people reside.

HT: Bethany