Jun 9, 2013 KV Kiva HQ

We’re thrilled to welcome Lumni as our new Field Partner in Chile! Did you know that in Chile, only 40% of the eligible student population is able to access higher education -- compared to 80% in developed countries? One of the main barriers to education is the limited access to financing. The loan requirements for education may include collateral, high interest payments or inconvenient repayment loan terms that students are simply not able to take on. Lumni, a lending organization in Chile, is working to change this. How, you wonder? The organization... Continue Reading >>

Jun 9, 2013 KV Kiva HQ

We’re thrilled to announce our new partnership with FUNDAPEC in the Dominican Republic! We love investing in education. In fact, we believe that by making education available around the world through microfinance, we will be able to break the cycle of poverty in the long run. No wonder we partnered with FUNDAPEC! This incredible organization is committed to broadening access to education for all Dominicans.  Students funded by FUNDAPEC go on to a variety of careers. Currently, there are 13 microfinance institutions operating in the Dominican Republic... Continue Reading >>

Jun 7, 2013 KV Kiva HQ

We’re thrilled to welcome Practical Empowerment and Networking Youth Association (PENYA) as our new partner in Zimbabwe! Kiva loves supporting youth empowerment. Providing young people with training and support to pursue their dreams is a major part of our mission, which is why we’re so thrilled to bring PENYA aboard. With high youth illiteracy rates and insufficient formal employment opportunities, Zimbabwe is one of the toughest places for youth to thrive. Ten years of economic recession from 1998 to 2008, governmental land reform programs, and a large... Continue Reading >>

Jun 5, 2013 KV Kiva HQ

As you may or may not know, the Kiva Fellows Program offers between 15 and 40 extraordinary individuals the opportunity to support global microfinance around the world for four months. During this time, Kiva fellows serve as our eyes and ears on the ground. They work closely with our partners to support their operations, improve the Kiva lending experience, and help us reach more borrowers. They're truly on the frontier of Kiva, helping to innovate, expand, develop and deepen our connections to the field. Preparing them for their challenging roles is a team effort. Dozens of Kiva... Continue Reading >>

Jun 4, 2013 KV Kiva HQ

Last week, we released a new set of improvements to the Kiva website. Here's an overview. FAQs on Contact Page Kiva receives over 3,000 messages a month via our Contact Us form. Each case is read by one of our hard-working Community Support team members and receives a personal reply. Now, after our recent update, people seeking help are presented with a list of Frequently Asked Questions related to various topics in the Contact Us form, in case any of these answers address their questions. We hope this will allow some people to find the information they are looking for... Continue Reading >>

Jun 3, 2013 KV Kiva HQ

Kiva is thrilled to welcome Advans Côte d'Ivoire as our newest field partner!  Known as Advans CI, the organization is the fifth microfinance institution established by Advans SA, a multi-national microfinance group already working in Cameroon, Ghana, Pakistan, Cambodia, and more places.  Advans CI, founded in March 2012, is on a mission to provide credit and savings products -- in addition to other financial services -- to micro, small and medium enterprises in Côte d'Ivoire. After just one year, it's served over 3,000 clients with more than $5 million... Continue Reading >>

May 31, 2013 KV Kiva HQ

The month of June evokes many things -- summer, graduations, beaches. But this June evokes much more. June is one especially inspirational Kiva Zip borrower who has experienced more than her fair share of hardships in her life. The twelfth of 17 children, she was born to poor, uneducated parents who couldn't provide basic love and affection for each other and their own children. June never really knew her father, and when she was just 13, her mother disappeared with five of her younger siblings, leaving the others to fend for themselves. Six of her 16... Continue Reading >>

May 24, 2013 KV Kiva HQ

On Tuesday night, the City of Oakland approved the proposal that would make them the first U.S. city to become a Kiva Zip trustee! Kiva Zip is a pilot program within Kiva that uses mobile and electronic payment technology to enable direct, zero-interest loans between lenders and borrowers -- helping us reach more types of borrowers than ever before! In the Zip model, “trustees” have taken the place of field partners. Trustees endorse borrowers based on their character and business plans, recommending them as good candidates for Zip loans. While trustees never... Continue Reading >>

May 23, 2013 KV Kiva HQ

Canterbury Microeconomics Club A Thank You Poem (Inspired by the rhymes of the Grade Three Kiva Ninjas at Bear Creek Elementary) Not all feel compelled to jump up and dance, Upon hearing that April’s Month of Micro-finance. Once you’ve heard these stories, though, we know you’ll be crumping, Cuz’ since we heard them here, our hearts have been thumping... It wasn’t enough just to say “thanks,” this time, So we’ll try to impress you by making it rhyme. Since space here on the blog is just a... Continue Reading >>

May 23, 2013 KV Kiva HQ

To conclude our Passport Series on Rwanda, we would like to share with you a couple of particularly inspiring borrower stories to remind you just how impactful a $25 loan can be -- especially in a country where almost 45% of the population lives below the poverty line. Meet Felicite.  A 45-year-old mother of two, her (and her family’s) livelihood depends on her farm -- just like 90% of the Rwandan population. That translates to: no crops, no income. Because the sector is deemed to be very high-risk, it's extremely hard for farmers in Rwanda to... Continue Reading >>