This Lending Policy Statement provides a brief synopsis of:
Foundation Beyond Belief has joined forces with the Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists, and the Non-Religious (A+) lending team at Kiva to create a micro lending fund that makes Kiva loans and attributes those loans to the A+ Team.
Our mission is to advance the fundamental principle of doing good without relying on a god and to empower people around the world in attaining the capital and tools they need to meet their own goals.
Our purpose is to motivate concerned citizens of the world to support the fund, to distribute and accumulate microloans to people living in poverty, and to achieve maximum impact for the donor’s dollar.
Our vision is to advance entrepreneurship and to alleviate global poverty and suffering.
Step 1: Donations are made to the IMPACT Fund. Foundation Beyond Belief is a 501(c)(3) organization, making these donations tax deductible to eligible U.S. residents.
Step 2: The IMPACT FUND uses your donations to support Kiva borrowers around the world.
Step 3: The borrowers repay their loans. (Kiva boasts a 98 percent borrower repayment rate.)
Step 4: Repayments received to the IMPACT FUND are quickly reinvested in other microloans. Your donations harbor the potential to support numerous borrowers over many years to come.
To make a tax-deductible donation, click the Donate button on the left side of this page.
To maximize the value of the donor dollar, the IMPACT FUND will focus on supporting microloans that meet the following criteria:
As with any policy, exceptions exist. Many good reasons for supporting some loans that fall outside of these lending criteria exist. Special Circumstances include:
At no point shall the purpose of collecting funds for the IMPACT FUND be to beat or disparage other lending teams. The A+ Team Impact Fund of Foundation Beyond Belief does not discriminate against ethnicity, religion, disability, gender, or sexual orientation.
Funds raised through the A+ Team IMPACT FUND at Foundation Beyond Belief will be distributed quarterly to a Foundation Beyond Belief controlled and supported “locked” Kiva Account.