Correction: Initially, we wrote that you’ll get the $25 after cashing out the promotional KIVA loan. However, multiple readers point out correctly that buried in the fine print it’s clear that the promotional $25 goes back to the Paypal charity account, not to your own.
We’ve now updated the post to reflect the correct details.
The Offer
- Loan someone $25 or more through the KIVA loan system with Paypal payment and Paypal will give you another $25 to loan out
You’ll usually get back the money loaned out so you’ll end up laying out $25 and getting back $50 after the loans are repaid.
The Fine Print
- Offer begins September 30th, 2016 and ends October 10, 2016
- $25 KIVA credit will become available on or around October 17 to be used toward making another KIVA loan
- Offer is limited to one per person
- Kiva credit is valid until December 31, 2016
- Offer is limited to the first 10,000 people to make a loan through this campaign
Our Verdict
Some people use KIVA regularly as a means of manufacturing credit card spend to meet a signup bonus and the like.
Personally, I’ve never done KIVA before and don’t have time at the moment to figure it out, but for someone who knows the system or wants to get their feet wet with KIVA, now would be the time.
You won’t get back anything more than the $25 you put in, the only gain would be for the good of the recipient of the loan.
