Wednesday, May 5, 2010

Kiva update!

To Kiva's Blogger List,

We are thrilled to share the news that Kiva has won the Sam’s Club Giving Made Simple grant for $1 million dollars! Thank you to everyone who supported Kiva throughout the campaign. We could not have won without your daily votes, outreach to friends, and participation during the Double Points Days on Twitter.

The impact: As you know, we get excited about the “Kiva Multiplier Effect.” For every $1 we’ve spent creating and runningwww.kiva.org, the site has raised $10 in loans. We estimate this $1 million dollar grant to help drive $10M in new loans to 25,000 Kiva entrepreneurs.

We are grateful everyday that so many people, like yourself, have joined us in our mission to alleviate poverty in the U.S. and around the world. Thank you for helping us win this together!

-The Kiva Team

PS - Our blog post about the Sam's Club campaign is at http://bit.ly/b3KM4o.

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