quote:
Then do your homework and decide where to donate. One point though, loans are not donations.
*sigh*
We are doing homework. Looking at a 990 IS homework.
And just for your information, nonprofits take in donations, which are either marked for operations of the nonprofit or for the nonprofits's reason for existence, in this case loans. In this case, it appears that you make a donation to Kiva with a specific mark on the money to go to whoever you picked to get the loan. Then Kiva makes the micro-loan out of its donation fund. The money trail is relatively simple. You -> Kiva -> Kiva's donation fund -> Microloan beneficiary. What we're looking for is any shenanigans, such as the one I posted in the link where instead of the donation money going to microloans, it goes somewhere else, such as Kiva's operations funds or someone's wallet.