Your gift this year - A family trust dedicated to giving

As we all approach the overconsumption melt down that is Christmas. We quickly forget the essence of what the season is really about. Celebrating life, our beautiful families, and giving to those who really need it. 

As a family we are truly blessed with an abundance of health and wealth. It is easy to get consumed during the season on the things you think you need but really, do you?

Did you know that over 80% of Christmas gifts become landfill within 6 months of them being received?

As we are so far away and the reality of gifting in a homemade, preloved way is limited, we thought we would try something a bit different and out of the box this year. 

A Family trust, designed to give. 

Thats right, we have collated our Christmas budget for you and registered that amount with Kiva. Kiva is an international nonprofit, founded in 2005 and based in San Francisco, with a mission to connect people through lending to alleviate poverty. they celebrate and support people looking to create a better future for themselves, their families and their communities.

As the loan is just that a loan, the amount over time does get paid back, so the plan assuming it all goes well is to reinvest this money into other projects and as your birthdays and Christmas needs come round again, to continue to add to the pot. 

Our first investment - Helping Kavipriya to build a toilet at home in India

A Kavipriya is a 22-year-old woman from Trichy City, in rural Tamil Nadu. With no access to a toilet, she and her family have to walk long distances to answer nature's call in private: in dense bushes or isolated fields. In families like hers, women and girls seeking privacy often resort to waking up before sunrise to relieve themselves. These families, especially their women and daughters, are subsequently at risk of infection, molestation, and even insect or animal bites.

Taking matters into their own hands, A Kavipriya and her family want to build a toilet for themselves. They seek a loan of Rs. 20,000 from GUARDIAN, Milaap's partner, to cover the cost of raw materials and labor for constructing a toilet at home. Your loan will help, she and her family access this basic need most of us take for granted, and this will go a long way in making Kavipriya's life safe, healthy, and comfortable.

This loan is special because:

It enables families to have better sanitation in their homes

Akshay Regmi
Kiva staff

More about this loan

This loan is designed to provide individuals with credit to build water and sanitation facilities. In addition to the loan, borrowers receive technical support for creating low-cost infrastructure. Milaap’s partnership with Gramalaya Urban And Rural Development Initiatives (GUARDIAN) has made this loan possible. GUARDIAN is the only microfinance institution in India that solely focuses on water and sanitation. By supporting this loan, you’re helping families stay healthier with better sanitation.

About Milaap:

Milaap enables individuals all over the world to give a loan to the deserving, working class of India – students, small businesses, families – who need a small amount of capital to get ahead and change their lives for the better.

Milaap’s loans are facilitated through local MFIs and social enterprises, and borrowers repay their loans to these Milaap partner organizations, in accordance with the established repayment schedule. Milaap does not require its partner organizations to report repayment information from individual borrowers, so they are unable to pass this information along to Kiva. Because of this, in the case of a borrower default, the Milaap local partner organization will cover the repayment of the loan to Kiva lenders, with the exception of large-scale defaults due to major events, such as natural disasters

See the details of the loan on the Kiva site here.