👉 In Hinduism, a kiva (also known as a gopuram) is an architectural feature that is often associated with the worship of gods and goddesses. Kivas are typically found in temples or other religious structures, but they can also be found in houses or homes. They serve as a place for communal rituals and offerings to the gods. The term "kiva" itself comes from the Sanskrit word "kiva," which means "a well."
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What is the definition of Kiva? 🙋
👉 Kiva is a decentralized, peer-to-peer lending platform that enables individuals and small businesses to lend money directly to each other without intermediaries. It operates on a blockchain-based network, which means that all transactions are recorded in a secure, tamper-proof ledger, making it difficult for fraud or manipulation to occur. Kiva's lending program allows borrowers to earn interest on their loan funds through a variety of income streams such as interest earned from investments, rental income, and other sources.
What is the definition of Kiva? 🙋
👉 Kiva is a financial institution that provides microloans to individuals or small businesses in developing countries, often through peer-to-peer lending platforms. It operates as a platform for entrepreneurs and small business owners who may not have access to traditional banking systems due to geographical barriers or lack of infrastructure. Kiva's aim is to support small-scale economic growth, particularly in rural areas where many people do not have the means to access financial services.
