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The SME lawyer
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Hi,

Kiva sounds like a great set up – does anyone else have any experience with this organisation as well?

And given it appears to be essentially a lending facility, I wonder if there are any accountants out there who might be able to comment on how this would work from an accounting perspective if I was to contribute from my business? Can contributions simply be accounted for initially as a deductible expense as a donation if I had the intention of continuing to re-load the funds each time they were repaid (or is this not possible if it is not registered in Australia as a charitable institution)? or would this have to be accounted for in the company books as a loan (and therefore not an deductible expense)?

thanks!

Joanna