Kiva.org is excited to announce a partnership with Microfund, continuing our expansion across the African continent.MICROFUND is a microfinance institution created on March 21, 1998 with the aim of facilitating credit operations and savings mobilization. Its principal challenges are to combat poverty in Togo, to increase the revenues of marginalized populations in cities and the country, and to research financial partners to provide institutional support and loan funds.The mission of MICROFUND is to provide financial and technical assistance to the economically active poor active in rural,... Continue Reading >>
Kiva.org is excited to announce our partnership with Kraban Support Foundation in Ghana:Kraban Support Foundation is a local development-oriented NGO with the aim of eradicating rural poverty through community education. The organization deeply shares a philosophy of commitment to help fight poverty by facilitating improved quality of human life in the communities we operate in in Ghana. Our mission is to develop innovative strategies and programs that enhance the capacity and productivity of vulnerable groups in our target deprived communities. Kraban Support Foundation's ultimate aim is to... Continue Reading >>
Muhammad Yunus and the Grameen Bank were today awarded the Nobel Peace Prize "for their efforts to create economic and social benefit from below":"Muhammad Yunus has shown himself to be a leader who has managed to translate visions into practical action for the benefit of millions of people, not only in Bangladesh, but also in many other countries.Loans to poor people without any financial security had appeared to be an impossible idea. From modest beginnings three decades ago, Yunus has, first and foremost through Grameen Bank, developed micro-credit into an ever more important instrument in... Continue Reading >>
Frontline World have confirmed that they will be airing their story on Kiva.org on October 31.Frontline World have been filming a story on Kiva.org over the last month, shooting on two locations, San Francisco and Uganda in East Africa. The story includes the life-cycle of raising funds for a loan - following an entrepreneur in Uganda applying for a loan through a Field Partner right through to the day they receive the funds, as well as meeting some of the original borrowers who have fully repaid their loan through Kiva.org.We're really excited that Frontline will be bringing the story of our... Continue Reading >>
Matt and Jessica have returned from their travels to Africa with Frontline World - complete with bead necklace and t-shirt gifts for the office! We'll be sure the coffee pot is full over the next few days to help Matt with his jetlag... but in the meantime here are some of the beautiful pics they brought back with them -
Matt and Jessica visited with Janet Alupot, Executive Director of Women's Initiative to Eradicate Poverty in Uganda. They were able to observe Janet's daily activities working with her clients as she accepted loan applications, disbursed loan funds and counseled...Continue Reading >>
Today Kiva announces its second Mexican partnership, with Fundacion para la Vivienda Progresiva (Foundation for Progressive Housing).