Nov 21, 2006

Kiva.org today raised its ONE MILLIONTH DOLLAR for the developing world.This marks a major milestone for the organization, and demonstrates that real change can be created by average individuals who want to make a difference.Kiva.org would like to thank our 13,000 users who have contributed, $25 at a time, to lending ONE MILLION DOLLARS to entrepreneurs in the developing world. Kiva.org would also like to thank our Field Partners who have worked so hard to connect our lenders with their entrepreneurs, believing that the internet can be a valuable tool to help people rise above poverty.... Continue Reading >>


Nov 17, 2006

Kiva.org today announced its latest African Field Partner, Hluvuku (Hluvuku-Adsema Fundo de Credito Male yeru) in Mozambique.Hluvuko's mission is to improve the socio-economic conditions of the population in the Matutuine district and contiguous areas, providing sustainable services to low income people, considering the viability of the initiatives.The Matutuine district has a very low population density, of approx. 6.5 inhabitants per square kilometer, and was severely affected by the civil war. It also has a high incidence of the HIV/AIDS virus. Hluvuku was established in...
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Nov 16, 2006

Kiva.org today announced a new partnership with K-MET (Kisumu Medical & Education Trust) in Kenya.K-MET is a local non-Government Reproductive Health organization registered in 1995.K-MET's aims and objectives are:

  • To improve access to quality healthcare services, particularly in the underserved areas.
  • To harness new and existing expertise, skills and resources to build institutions which will ensure availability of quality healthcare services for all.
  • To develop innovative outreach programs for Primary Health Care (PHC) with emphasis on the special needs of...
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Nov 15, 2006

Kiva.org is incredibly excited to announce its partnership with Ariana Financial Services Group in Afghanistan.AFSG was launched in May 2003 by Mercy Corps with a grant from the Bill & Melinda Gates Foundation.The banking system in Afghanistan has been slow to establish itself since 2001, and remains heavily concentrated in Kabul and larger cities. Even if Afghans have access to a bank, most of them are too poor to qualify for conventional bank loans.Ariana predominantly supports female entrepreneurs. Historically, Ariana started working in district 7 of Kabul, which had been heavily... Continue Reading >>


Nov 14, 2006

Premal Shah today presented Kiva.org's 2006 Institutional Action Plan to the Council of Advocates and Parliamentarians at the Global Microcredit Summit in Halifax. Kiva.org has been recognized as a powerful advocate of microcredit to the public via the Kiva.org website, and as such are honored to have been invited to share the 2006 IAP with an audience at the Summit.Kiva.org today also finalized a partnership with ASOD (Assistance for Social Organization and Development) in Bangladesh: ASOD was established in 1985 as a non-profit organization based in Dhaka, whose mission is to "Enhance... Continue Reading >>


Nov 13, 2006

Kiva.org President Premal Shah today presented a workshop at the Global Microcredit Summit titled "Raising Debt Capital Over the Internet". This workshop detailed for delegates the way Kiva.org has leveraged the power of the internet to raise soft, affordable debt capital for microfinance institutions.The Global Microcredit Summit has been an invaluable opportunity for Kiva.org staff to meet with delegates from microfinance institutions around the world and other prominent figures in the industry, including Nobel Peace Prize winner Prof. Muhammad Yunus. We are incredibly excited about the... Continue Reading >>


Nov 12, 2006

Kiva.org today attended the first day of the Global Microcredit Summit in Halifax, Nova Scotia. More than 2,300 delegates from over 100 countries are participating at the event, to assess progress toward the Summit's goal of reaching 100 million poorest, and to launch the second phase of the Campaign with two new goals.The Microcredit Summit Campaign recently released the State of the Microcredit Summit Campaign Report for 2006, which reported that "As of December 31, 2005, 3,133 microcredit institutions have reported reaching 113,261,390 clients, 81,949,036 of whom were among the poorest... Continue Reading >>


Nov 10, 2006

MATT.org (Mexicans & Americans Thinking Together-Foundation, Inc) has partnered with Kiva.org to work together in bringing our Mexican entrepreneurs to the attention of the Mexican American community.MATT is a non-profit organization whose mission is to encourage bicultural Mexicans and Americans to understand, address and solve the major problems of our two nations to the benefit of both peoples. MATT stands for "the friendship and prosperity of our two countries... because we love and understand both cultures."MATT has joined forces with Mexican Kiva Field Partner ADMIC to promote... Continue Reading >>


Nov 8, 2006

Kiva.org has expanded into a second Eastern European country with a new partnership with Microinvest, in Moldova.Microinvest was founded by The Soros Foundation and launched in April 2003 with the purpose to create and develop micro and small enterprises by providing advisory and financial services. Microinvest's services target primarily those entrepreneurial initiatives which carry potential for development, but cannot meet the requirements for the commercial banks' credits.Kiva.org is pleased to be in partnership with Microinvest and continuing our expansion into Eastern Europe. Please... Continue Reading >>


Nov 7, 2006

Kiva.org is excited to announce its first partnership in Nigeria, with LAPO (Lift Above Poverty Organization).LAPO started its activities in 1987 and was formally incorporated as a nonprofit nongovernmental organization (NGO) in 1993. The specific objective of LAPO is to promote selfemployment through access to microfinance. LAPO's clients are among the poorest people in the urban and rural areas where it operates.Grameen Foundation has been supporting LAPO since early 2003 in loans and grants to support branch expansion, on-lending to clients and MIS automation projects. GF has also provided... Continue Reading >>


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