Oct 30, 2008

Today the entire team gathered into the Kiva conference room to watch Kiva's Chief Technology Officer, Sam Mankiewicz, press the magic button to release Kiva website feature "PA2" unto the internet!If you don't know what PA2 is, check out Roma's blog posting of October 23, which in fact is just the tip of the iceberg.PA2 is a major feature which our engineering team has been working on for many months. The general theme is to enable greater detail regarding loan transactions to be stored in the Kiva system, allowing greater transparency - one of our key goals for 2008. We also did a lot of... Continue Reading >>

Oct 29, 2008

Today Kiva was copied on a Letter to the Editor, sent by a Kiva Lender:Dear Editor:I have two investment portfolios. One portfolio holds my investments in American industry. It has declined in value about 25% in the last two months. My other portfolio is with Kiva, a web-based organization that lets me invest directly in microloans to poor people throughout the world. My recent loans to the Cambodian pig farmer, the Azerbaijani clothing seller, the Bolivian cheese maker, the carpenters in Lebanon and Nicaragua, and a dozen others have been repaid in full. The only interest paid by Kiva... Continue Reading >>

Oct 27, 2008

We know that many Kiva Lenders have been using Kiva as a teaching tool in the classroom, as a student activity on college campuses, and as a way to give back as guided by their faith. So, last week we added some new pages to share examples of using Kiva in these ways, and to share some materials that others have created and welcome you to use.Just click on our Do More link and you'll now find Kiva in the Classroom, Kiva on Campus and Kiva and Your Faith. These are places where you can learn about ways in which others are using Kiva as an educational tool or group activity in these contexts... Continue Reading >>

Oct 23, 2008

One thing we strive towards at Kiva is increased transparency into how microfinance works. Next week, we'll be releasing some changes to how we account for our loans. If you want the really, really detailed version, I encourage you to read this post and the surrounding discussion at KivaFriends.If you just want the high level, though, here are the changes we’ll be making:
  • We will be improving the site on which our Field Partners post fundraising loans to work better under low-connectivity environments. Many of our partners work in environments where the internet isn't super snappy. That...
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    Oct 23, 2008

    CGAP yesterday announced that Kiva, among 32 other microfinance investors, have signed on to the Client Protection Principles:"CGAP is announcing that 33 of the world’s largest microfinance investors have signed on to the Client Protection Principles, a microfinance industry-wide initiative that encourages providers to ensure that low-income clients are treated fairly and protected from potentially harmful financial products. The Principles are distilled from the path-breaking work of microfinance institutions, international networks and national microfinance associations to develop pro-... Continue Reading >>

    Oct 21, 2008

    We're doing some maintenance tonight, so Kiva will be unavaiable between 6 pm and 7 pm Pacifc Time. Thanks for your patience while we make our improvements!  Continue Reading >>

    Oct 20, 2008

    Kiva Lender Andres Varela let us know that he recently heard Guy Kawasaki make the above observation at Barcamp Africa in Mountain View, CA. Guy Kawaski is a long-time Kiva supporter. Continue Reading >>

    Sep 16, 2008

    Congratulations to all Kiva Fellows Trainees who have made it through the second long day of training for the KF6 Class.For those who don't know, Kiva Fellows are volunteers who work with Kiva Field Partners for a minimum of 10 weeks (some as long as 1 year!) to contribute towards the partnership in a myriad of ways. Kiva runs training programs for Kiva Fellows four times a year, and we currently have 30 trainees for Class KF6 (obviously KF1 is the first group of Fellows we had) at Kiva HQ in San Francisco.Guaranteed it will be a long week as there's a lot to learn, but also guaranteed is... Continue Reading >>

    Sep 9, 2008

    Team number 301 -- Don and Jims Family and Friends -- is a cool lending team I think. This team was established so that supportive friends and family of Don and Jim could celebrate Don and Jims 25th year together, and now legal union, by making Kiva loans and attributing them to the lending team.Don and Jim, retired and living in Mexico, are devout Kiva lenders. They lend because they have found the people in Mexico to be lovely, honest, and hard-working, and they want to support... Continue Reading >>

    Sep 6, 2008

    This past week, I had the good fortune to meet with BAIK - a microfinance institution located in Bogor, Indonesia that is looking to partner with Kiva (Bogor is located about an hour South of Jakarta by train). BAIK is part of PERAMU, an umbrella organization that founded a microfinance institution (BAIK), a cooperative... Continue Reading >>