Kiva vs TOMS
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Kiva
Kiva is a non-profit microfinance platform that allows people to lend money directly to entrepreneurs in developing countries. By providing small loans for starting businesses, Kiva helps individuals break the cycle of poverty and build sustainable livelihoods. It uses a unique peer-to-peer lending model that empowers borrowers while giving lenders a direct connection to their impact.
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TOMS
TOMS is a pioneer in the 'One for One' social enterprise model. While they have evolved their model to focus on grassroots social impact, they remain a leader in using retail to fund community development. They provide shoes and other products while reinvesting profits into initiatives that support women and girls in developing countries, focusing on education and economic empowerment.
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