Kiva

In April 2010, PSL became a lender of sorts when we got involved with Kiva - an organisation that allows people to lend money via the internet to microfinance institutions (MFLs) in developing countries, which in turn lend money to small business.

The project has been a huge success for everyone involved.  90% of our employees have  backgrounds in the mortgage industry and we have really enjoyed doing something that benefits people outside our industry, whilst still nurturing our lender roots.  We started lending to just three people in Cambodia, Honduras and Nicaragua, to date we have reinvested in 45 loans in 13 different countries.

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