We are pleased to announce that on November 6th, 2009, Campus Kiva and High School Kiva will be pairing up to host the first annual Educational Community Web Summit. In addition to fantastic live guest speakers, including Kiva’s President, Premal Shah, and Jonathon Stalls, who is walking from Denver to Maine to support Kiva, we will be hearing from high school and college Kiva chapters nation-wide and microfinance...Continue Reading >>
Stories from Kiva Headquarters
Here's what's new in the current release of Kiva!
- Lots and lots of back-end fixes
- Small gift certificate fixes
- New Help Center email form/topics
- Removed videos from the popularity sort algorithm
- Withdrawal system improvements
In addition to personal gift certificates, we're excited to announce the launch of Kiva Holiday Gift Certificates for companies. This new offering streamlines large gift certificate...
Please join the portfolio team in welcoming Kiva's newest partner, the Caja Rural Señor de Luren, to the Kiva platform! Based in Ica, Peru, this new partner operates in a region whose infrastructure and economic foundations were largely destroyed after a major earthquake shook the region in August 2007. They are serving an area of great economic need with credit and savings services as residents look to rebuild their lives, homes and economic livelihoods.
Caja Luren will be using their Kiva funding to pass on added savings to their borrowers in the form of reduced interest... Continue Reading >>
Guess what: we've just solved your client and employee holiday giving problem!!
We know how it is - every year you want to give something to your clients and employees to let them know how much you appreciate their business and hard work, but it gets harder each year to find the right gift. You don't have time to hand-pick each gift, but you do want something that everyone will enjoy.
The Kiva Gift Certificate is your solution!
Kiva Gift Certificates can be as small as $25 each, and give your clients and employees the chance to make a life-changing loan to an... Continue Reading >>
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.... Continue Reading >>
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... Continue Reading >>
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 >>
First, my name is Dan and I’m a volunteer at Kiva. Over the past two months, I’ve been helping analyze a number of different things from lender behavior to loan and portfolio information.
On Monday’s community call, we discussed the large number of loans which were approaching their expiration date. Out of curiosity, I ran some quick numbers to take a look at loan funding behavior over time (see the slides below).
- More loans are approaching expiration than we have previously seen as of the 29th of...