Kiva is non-profit organisation with a mission to connect people through lending to alleviate poverty.
Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $25 to help create opportunity around the world. You make a loan on Kiva.
The borrower meets with the Field Partner and requests a loan. The Field Partner uploads the loan request to Kiva, it's reviewed by a team of volunteer editors and translators and then published on Kiva.org.
Kiva lenders fund the loan request, and Kiva sends the funds to the Field Partner. The borrower makes repayments. The Field Partner sends funds owed to Kiva. Kiva repays lenders.
The lenders can make another loan, donate to Kiva, or withdraw the money to their PayPal account. 70% of all lenders choose to make another loan!