Hi Everyone –
Hi Everyone –
This is yet one...
In Q2, Intel's Small Things Challenge registered over 135,000 clicks! Intel is going to round up these clicks, and will be providing $37,500 to be split equally between Kiva and Save the Children.If you haven't clicked on the Small Things Challenge - do it now! It's the easiest way to donate money to Kiva - all you have to do is click your mouse!The $18,750 donation to Kiva for Q2 will be divided between funding loans and donation to Kiva. Check out the Small Things Challenge Lending Team here.Check out the Small Things Challenge Lender Page here.(Why are you still reading this? Get... Continue Reading >>
This week's Behind the Apps is a guest post from Vaibhav Domkundwar, Founder of Better Labs. His team created the popular Kiva Alerts app, which is being featured on the Kiva.org homepage. Hi there! My name is Vaibhav Domkundwar and I am an entrepreneur and founder of , a small product incubation firm where we like to experiment with development very early stage concepts and products. We work with founders in the concept stages of their startups (most times the company is not even incorporated) as co-founders to prototype concepts, test, iterate and build customer-...Continue Reading >>
One month ago, the Kenya Agency for Development of Enterprise and Technology (KADET) became the first Kiva partner in Kenya to join in over a year. Rocked by the post-election violence of early 2008, KADET and many other microfinance institutions were severely impacted by clashes that disrupted everyday life for an entire nation. In spite of this, KADET continued to serve clients in 53 branches across a nation the size of Texas ensuring that the rural poor maintained access to financial services.Kenya's microfinance sector has continued to feel the effects of the post election violence but... Continue Reading >>
Traveling with a microfinance institution in rural Tanzania, I once spent 45 minutes in an SUV getting to their "closest" rural client. Rural Africa can get pretty sparsely populated making it difficult for loan officers to access clients or for clients to access an MFI office without incurring significant costs. Higher costs make it harder for microfinance institutions to serve the rural poor or drive up interest rates to keep institutions sustainable.What if clients could make payments on loans through their phones? That's what two Kiva partners, Tujijenge in Tanzania and the Small and... Continue Reading >>
Dear Kiva Lenders --PDS Extraordinaire Rico Munoz recently put together this map that shows all of Kiva's partners in the Philippines and where Kiva loans are having an effect. As you can see, your generous support is helping microentrepreneurs all across this wonderful country. So once again, on behalf of our Filipino partners, Rico & myself, thank you again for your dedication to helping make Kiva so successful in the PhilippinesHappy lending!!Darren MiaoMicrofinance Partnership Manager - Asia PacificRico MunozPartnership Development Specialist - Asia Pacific Continue Reading >>
Over 200 people came out for the Kiva Cup in Paris on June 27th! We had volunteers from both Kiva Friends and the Kiva France Lending Team. The event was hosted by Les Condors 2000 and was considered such a success that the organizers have already reserved an even larger stadium in France for next year’s Kiva Cup! A huge congratulations goes out to the lead organizers for hosting such a...Continue Reading >>
In addition to Fiona's recap, we wanted to provide a recording of July's Community Conference Call as well as an opportunity to see the presentation we showed at the beginning of the call. Here they are:
Thank you to all those who joined the Community Conference Call today. We had approximately 80 people participating, and heard directly from 16 lenders who shared their thoughts and comments on the call.There were many different thoughts that were shared. In summary, they included:
- Lenders should choose - Kiva is a conduit from the lenders to borrowers. Kiva should not be forced to choose the level of poverty lenders lend to.
- The idea that US entrepreneurs cannot benefit from small loans is wrong.
- Lenders should vote with their dollars, Kiva should not play a...