KIVA, ‘Living a Better Story’ initiatives integrated into curriculum for freshmen, sophomores
In conjunction with the year-long campus theme of “Wealth and Poverty,” Belmont University is instituting two programs that aim to show students the powerful change that can occur through financial giving. A partnership with micro-lending organization KIVA is being targeted to freshmen while sophomores are being encouraged to participate in the “Living a Better Story” initiative, which invites them on a 21-day commitment to take money, multiply it and use it to make a difference in the lives of others. Both programs began last fall as test cases and are being fully implemented this academic year as part of the university’s curriculum.
Belmont President Dr. Bob Fisher said, “I tell every incoming student that God made them for a purpose, and that the one thing we know is that their purpose isn’t about them. The University’s commitment to the KIVA and ‘Living a Better Story’ initiatives will effectively show students a concept that’s easy to miss in the classroom: that financial giving—in any amount—can make a huge difference in the lives of neighbors near and far.”
KIVA
The partnership between Belmont University’s freshman class and KIVA will provide thousands of dollars in loans to small business entrepreneurs in developing countries around the world. Though students have only been on campus a few weeks, several steps have already been taken to establish the partnership with KIVA, the world’s first personal micro-lending website, and the project will continue to play out over the course of the academic year:
- Nearly 500 students have already joined the Freshmen KIVA initiative and loaned their funds, providing more than $12,000 in small business loans to entrepreneurs around the world.
- Each student’s account has been seeded with $25. An anonymous donor will match up to an additional $25 in funds, giving each freshman the opportunity to invest a total of $75 in a KIVA.org entrepreneur’s venture.