Inspired by our friends in the Principality of Vikesland, the Republic of Molossia has become a part of Kiva. Kiva is an organization that allows people to lend money via the Internet to microfinance institutions in developing countries around the world and in the United States, which in turn lend the money to small businesses. Headquartered in San Francisco, Kiva is supported by donations from its users and through partnerships with businesses and other institutions. By lending funds to small businesses Kiva helps these businesses grow and prosper, which in turn spreads the goal of prosperity throughout the world.
Molossia's first foray in Kiva is a small loan to Mr. Kodzo Kondo in Togo. Kodzo Kondo operates a taxi in Adidogomé which requires a new engine. To help him, his family and his community, the Molossian Government contributed US $25.00. Kodzo was chosen randomly from the list of entrepreneurs, although there was a certain bias, as the nation of Togo's website was once used as a model for Molossia's. In addition, Kodzo appears to be driving a Yugo (although perhaps not), a type of vehicle once owned by the First Family over 20 years ago. Regardless of the reason, this donation will go a good ways toward helping Kodzo and his community. When Molossia's loan is someday repaid, the money will be rolled back into Kiva to help another budding business person, and so on. Thus, though Molossia is itself a developing nation, we help others develop as well, the right thing to do in the world community.
We are quite proud of this latest step for Molossia and look forward to future efforts to make our world a better place.
UPDATE! Join the Intermicronational Team Kiva and help micronations help the world!
Visit the main website of Kiva here.