I previously reported that Milepoint was offering $25 towards your microlending at Kiva.org.

Specifically, that the first 200 members to join Milepoint.com’s ‘lending team’ on Kiva would receive $25 for their Kiva account after making $25 in loans.

Well, Randy Petersen has upped the ante.

If 200 people join during the month of May (and we’re over halfway there), then one person will be drawn at random to win an iPad2. That’s in addition to the $25 that each person will get for their Kiva account. So it’s a roughly one-in-200 chance to win an iPad.

From Randy’s email,

Called MilepointMonday, it highlights a membership drive among frequent flyers on the milepoint.com website. Their month-of-May membership drive is to recruit 200 new members to their Kiva Lending Team. Kiva.org if you don’t know is a global micro-lending initiative which loans money raised by it’s members to help empower people around the globe. The milepoint Kiva Lending Team since formed 3 months ago uniquely has finished in the top ten among move than 2,600 common interest teams each month and that’s attributed to the generosity of frequent flyers to give back. Some have figured out that they can charge these loans via their miles/points earning credit card to earn miles all while helping others.

MilepointMonday highlights the last week of this membership drive in which a random member of the team will win an iPad if the membership drive of 200 new members is met. Good cause, good chance—since the odds for the iPad will be roughly 1-in-200 (though there could be more than 200 new members by the end of May).

So join Milepoint and Kiva if you haven’t already. If you’re already a member of both, just associate your Kiva account with the Milepoint.com lending team, and make $25 in loans, you’ll get your $25 matched in new money to loan and also have a (very good) shot at an iPad!