Feb 2, 2010

When hearing about microfinance, people are usually amazed (at the concept) and appalled (at the perceived high interest and fees of the microfinance institutions – or MFIs). Indeed, interest and fees relative to portfolio average 31% (23% in real terms).If microfinance is serving mostly poor and excluded people, shouldn’t MFIs subsidize the loans? Are they taking advantage of the poor? ... Continue Reading >>


Feb 1, 2010

“Team Tia – Loan Around the Globe” is a Kiva lending team dedicated to Tia, a nine-year old girl living in Murcia, Spain. Tia has been diagnosed with several illnesses including dilated cardiomyopathy, Graves Basedow disease, pulmonary arterial hypertension, and congestive heart failure.Tia is a strong girl with a passion for helping others and has enjoyed supporting Kiva entrepreneurs around the globe. Kiva lenders have been inspired by her story and last May, they created “Team Tia” to show their support for her by helping Kiva entrepreneurs. To date, “Team Tia” has 273 members and... Continue Reading >>


Feb 1, 2010

A number of concerned Kiva lenders have written in following last week's news of torrential rains and flooding in the Cusco region of Peru, where Kiva field partner Asociación Arariwa is based. The region is currently experiencing the heaviest rainfall it has seen in the past 15 years. While most of the international news coverage has focused on tourists stranded near the Incan ruins of Machu Picchu, the effect on the local populations has been far more devastating.Most houses in Cusco are built of clay and straw adobe bricks; many of these homes were destroyed or severely damaged when they... Continue Reading >>


Jan 29, 2010

Kiva Lenders,Today we are excited to announce the beginning of our partnership with BRAC Sri Lanka and the first loans to Sri Lankan entrepreneurs on Kiva! This is a partnership that will work a little differently than the rest of Kiva’s partnerships, due to the nature of banking regulations in Sri Lanka. BRAC Sri Lanka launched operations in early 2005 following the tsunami that devastated coastlines across South and Southeast Asia. Initial activities focused on the provision of emergency relief for communities affected by the tsunami, including medical assistance for the injured, cleaning... Continue Reading >>


Jan 28, 2010

We are thrilled to announce the Kiva debut of Cooperativa San José, our third active field partner in Ecuador. Cooperativa San José posted their first 15 loans this morning – unfortunately, their clients are so popular that I wasn’t able to finish this blog entry before every one was 100% funded! See the already-funded loans here, and check back soon for more loans.San José is a savings and loan cooperative with a strong social focus that works primarily in rural areas of the Ecuadorian Andes. The 45-year-old cooperative operates primarily in hard-to-reach areas of Bolivar province, offering... Continue Reading >>


Jan 28, 2010

We'll be doing some maintenance work that will take Kiva.org offline tonight (1/28/2010) at 5 pm Pacific time for up to approximately 4 hours. Thanks for your patience during this time! Continue Reading >>


Jan 26, 2010

We're taking the Kiva website down for infrastructure maintenance this Thursday at 5pm PST. We expect the outage to be brief but may take up to four hours. Thanks for your patience! Continue Reading >>


Jan 26, 2010

Voting for the final round of Project 7’s Grand Giveaway ends this Sunday! Kiva has the opportunity to win $15,000 and is one of three organizations under the contest’s “Build the Future” category.You can vote for Kiva today by clicking here, entering your email address, and then clicking on the "Build" checkbox on the ballot.Kiva will use the $15,000 prize initially to fund approximately 50 loans of about $300 each to global entrepreneurs. All repayments made from these loans would then become donations to Kiva’s general operating expenses. For every $1 in donations that we spend building... Continue Reading >>


Jan 26, 2010

Pete is the team captain of the Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious Lending Team. Last year, his team became the first Kiva Lending Team to reach $1 million in loans. We had the honor of interviewing Pete about his teams’ accomplishments.1) How does it feel to be the first Kiva Lending Team to surpass $1 million in loans?It's a thrill and something that could not have been accomplished without the support of thousands of my fellow team members! Special thanks goes to those team members who I unofficially consider my “Circle of... Continue Reading >>


Jan 25, 2010

Kiva is proud to partner with Opportunity Fund, Silicon Valley Microfinance Network, and the U.S. ACCION Network on “Microfinance, USA,” a conference that will bring together 800 - 1,000 investors, policymakers, social entrepreneurs, practitioners, small business owners, and curious individuals to engage with microfinance strategies and practices unique to the United States.We wanted to share this information with our community in case any of you are interested in attending!May 20-21 in downtown San FranciscoVisit www.microfinanceusa2010.org to learn... Continue Reading >>


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