Oct 2, 2009 KV Kiva HQ

Moody's Corpration, one of the world’s most respected and widely utilized sources for credit ratings, research and risk analysis, announced a new partnership to add it's credit risk expertise to Kiva. Moody's is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. The Moody's Foundation is a charitable foundation established by Moody's Corporation. The Corporation employs approximately 3,900 people worldwide and maintains a presence in 27 countries.Moody's is applying its... Continue Reading >>


Oct 2, 2009

Just last week Agnes Chu was at the Kiva HQ office in San Francisco, training to become a Kiva Fellow. After graduating from the training program, she prepared to begin her fellowship in Samoa, working with Kiva Fellow South Pacific Business Development (SPBD). The day before she flew to Samoa, a tsunami devastated the area she was flying to.Yesterday we received an update from SPBD on the situation they are experiencing. Today Agnes posted the first blog of her fellowship, to Kiva Stories from the Field, sharing the unexpected experience of her first days in Samoa:... Continue Reading >>


Oct 2, 2009

It's time to CELEBRATE!!
This year, Kiva’s 4th Birthday (officially on October 12) falls near a major milestone—the organization is close to facilitating over 100 million dollars in microloans to small business entrepreneurs around the globe!In San Francisco we'll be celebrating this event by co-hosting a party at the Brower Center in Ber...
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Oct 2, 2009 KV Kiva HQ

As Kiva approaches its fourth birthday (coming up on October 12!), Matt Flannery, CEO and Co-Founder, shares his thoughts on where we've come from, where we are today, and what we're looking for in Kiva's future:What's In A Number?As I write this, Kiva is on the verge of surpassing the $100M mark in terms of total loans sent to entrepreneurs through our website. $100 million is an impressive number by anyone's standards, but Kiva has never been about the numbers. Ultimately Kiva is about stories and the connections between people that are forged when... Continue Reading >>


Oct 2, 2009

Please tune into our next community conference call!
When: The call is scheduled for Tuesday, October 20th at 3 pm US Pacific time
Dial in US: 866-740-1260 Access Code: 6415483
Dial in (Outside US): +1 303-248-0285 Access Code: 6415483
We'll post an agenda on the blog, closer to the date of the call.
We hope to hear you on the line!
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Oct 2, 2009

Last Monday, we welcomed 49 dynamic individuals to the Kiva office to train them to become our newest Kiva Fellows team! The Kiva Fellows Program recruits, trains and deploys skilled volunteers for three to four month assignments working directly with our Field Partners.By Friday of last week, we had graduated the group as official Kiva Fellows to be deployed to locations all around the globe, including among others Armenia, Kyrgyzstan, Mexico, Nicaragua, Palestine, Peru and the Philippines.
Over the coming weeks and months you can keep up with this group of Kiva Fellows by reading...
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Oct 1, 2009

Thank you for all the concern expressed by lenders regarding the recent tsunami in Samoa (CNN report here.)We have received the following communication from our Field Partner South Pacific Business Development (SPBD), based in Samoa. We are relieved to learn that no staff have suffered casualties, although many of their clients have been affected. At this point we are not sure the extent of damages suffered by SPBD clients, however SPBD is currently working to assess damages.Coincidentally, Kiva had scheduled a Kiva Fellow to begin working with SPBD on September 30 as part of the Kiva... Continue Reading >>


Oct 1, 2009

It's no secret that Kiva's first four years have had unprecedented impact-- over $90 million has been raised from over 550,000 users reaching more than 230,000 entrepreneurs in 49 countries. Countless stories have emerged, new friendships have been forged, and lives have been changed. We're blown away by all the dedicated Field Partners and amazing Kiva Lenders who've made all of this possible.But we believe this is only the beginning . . .Kiva is about dreaming big. The entrepreneurs on the website dream about big business; our Field Partners dream... Continue Reading >>


Oct 1, 2009

Thank you to all lenders who have expressed concern regarding our Filipino Field Partners that have been affected by the recent flooding in Manila.Here is the latest update we have received from our Field Partner Center for Community Transformation Credit Cooperative (CCT):"September 30, 2009Dear Ministry Partners and Friends,Let me give you an update of our relief operations for those affected by the typhoon Ondoy in the areas where we operate. As of September 30, a total of 4,803 CCT community partners and 26 CCT staff were affected by the flood.CCT has been mobilizing donations in kind... Continue Reading >>


Sep 30, 2009 KV Kiva HQ

Kiva is thrilled to welcome a new microfinance partner from Sierra Leone to the website, the Association for Rural Development (ARD). ARD is an indigenous Sierra Leonean microfinance institution registered as an NGO and begun in 1986 as a multi-sectoral NGO. The organization has an outstanding loan portfolio of Le 3,667,545,109 ($1,220,485) as of end-FY2008 and a client base of 12,666 active borrowers. Since mid-FY2007, ARD has maintained extraordinarily strong PAR30 (delinquency) figures with low writeoffs driven by a strong credit methodology. Their current branch network includes... Continue Reading >>


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