Poverty2Prosperity (P2P) Funds Summary

P2P General Fund

P2P's General Fund is primarily used for making micro-loans on the Kiva.org lending platform. However, funds donated to this account may also be used for other poverty-alleviating projects from time to time as P2P sees value and maximum effect. For example, P2P has also been involved in raising funds for the Mirembe Community College program in Uganda in 2009 and again in 2011. We helped bring about a cooking/catering school, beauty school, and post graduation programs. We can also use funds in this account to help launch new funds like some of those listed below. You can view our General Fund account on Kiva here: Click Here

P2P Perpetual Fund

P2P offers a service that provides guaranteed perpetual loaning through the Kiva.org platform. Users who wish to have donations loaned perpetually into the future can make a donation to this fund. This fund is 'locked' with Kiva and once funds have been deposited into this account, they cannot be removed. You can set up a personal perpetual fund that is managed by P2P in your name or in honor of someone. Please see the Individual Perpetual Funds section below for details. Our main Perpetual Fund can be found here: Click Here

P2P SOS Loan Fund

The P2P SOS Loan fund uses donations to strive to keep older loans from expiring and going unfunded through the Kiva platform. Because this fund is so strategically-minded and focused on a specific type of loan, it is not limited to a 10% maximum distribution in any one country. Tony Gooch was the founding donor of SOS Loan Fund and you can read more about it our press release: Click Here. The account on Kiva can be seen here: Click Here

Women's Only Perpetual Fund

Through a successful Global Giving campaign, Poverty2Prosperity.org has been able to create a women's only perpetual fund - that is to say, the funds in this account will be used to fund loans to women exclusively. 70% of women and their families are living in poverty. There are good reasons to loan to women who do not have access to traditional credit. Repayment rates for microloans made to women are higher than men. On average, women reinvest 80% of their income in the well-being of their children and working women are more likely to educate their daughters than men. This account may be seen here: Click Here.

Memorial Wall Perpetual Fund

Poverty2Prosperity has created a Memorial Wall Fund to help folks remember loved ones in a way that honors the people that they were by spreading kindness around the world through a help-out rather than a hand-out. Since the P2P funds average about a 99% repayment rate, this perpetual fund will go indefinitely into the future helping the working poor one person after another. For details on listing a person on the Memorial Wall, please see the Memorial Wall Perpetual Fund Page.

Education/Tuition Fees Fund

Although P2P was focused on funding business/entreprenurial loans, we now realize that there is definitely another way to break the cycle of poverty and that's through education. The Education Fund was created to help support those people who were seeking a loan for tuition fees, school supplies, and to education providers as well. The account on Kiva can be found here: Click Here.

Youth Fund

Young adults need opportunities to work. By allowing them to access affordable loans for businesses we give them options! Typically, young adults have less experience and fewer resources. With a micro-loan, they have real choices. The account on Kiva can be found here: Click Here.

Personal Housing Fund

This P2P fund is dedicated to funding loans for Personal Housing. We believe that having a stable housing situation can help foster the ability of an entire family to help lift themselves out of poverty. With stable housing, things like getting and keeping a job, starting a business, and getting an education are all much more easily attainable. The account on Kiva can be found here: Click Here.

Individual Perpetual Funds

While Perpetual Fund donations of less than $5,000 will go into the general Perpetual Fund, users who prefer to track their own Perpetual Fund portfolio and who are willing to make at least a $5,000 donation can have a separte Perpetual Fund set up. Loaning prefences can be established as guidelines (as agreed to by P2P) (e.g. Agriculture and Regions). Please contact us through our Contact Page if this interests you.

individual Perpetual Funds Managed by P2P

P2P Zip Loan Fund (United States [BETA])

The P2P Zip Loan fund was created to make loans on the beta Kiva Zip lending platform which has since been discontinued. This fund now continues on as a 'beta' fund in which make loans exclusively to lenders in the United States. The fund was initially created with a founding contribution by Scott Banister who also has an individual perpetual fund managed by P2P. The US loans are more risky than our other funds. If you have questions about donating to this fund, please contact us. The Zip fund loans can be seen here: Click Here.

Future Specific Perpetual Funds

P2P has some great ideas for expanding the our fund portfolio to include specific funds for the following areas: Agriculture, Asia, South America, Africa, and especially one for Single Parents. If you would like to help get one of these funds started, please contact us.

Tax Deductions

Poverty2Prosperity.org is a U.S. 501(c)3 non-profit organization. All donations are tax deductible (consult your tax adviser). If you would like to use this service, please feel free to contact P2P through the Contact link above to make any arrangements or visit our donations page.

Thanks to KF Henry who came up with and suggested the Perpetual Fund concept to P2P.