Kiva will sunset operations of Kiva Protocol, effective June 30, 2022. To learn more, read the announcement on our blog.
Globally, over 1.7 billion adults, which is 31% of the world’s adult population, do not have access to the formal financial sector. Kiva has operated for the past 13 years in this world, facilitating over $1.3 billion USD in microloans to unbanked and underbanked populations in over 90 countries worldwide. Our experiences on the ground have shown us firsthand the systemic challenges that prevent the unbanked from accessing the...
Blog posts tagged with Africa
Welcome to Higher impact, a series dedicated to sharing high-level impact progress at Kiva. You’ll hear a lot of great individual borrower stories from Kiva, but this series takes you behind the scenes to catch a glimpse of the impact our Field Partners are making in their regional communities. Check out the difference we’re making and tune in every month.
Our first installment comes from our Francophone...
Kiva and The MasterCard Foundation are kicking off a 5-year, $7.9 million partnership to test, develop and scale high-impact loans serving the unique needs of smallholder farmers and rural populations in sub-Saharan Africa.
... Continue Reading >>
I’ve only seen the film Hotel Rwanda twice.
The first time, I was alone on my parents’ couch in small-town Oklahoma. I tend to want to be emotionally prepared for heavy films with difficult subject matter, but when do you ever feel prepared enough to bear witness to such a magnitude of senseless violence and tragedy as what happened in Rwanda?
The answer is never, so I finally just took a deep breath and hit play.... Continue Reading >>
Check out Kiva’s amazing new partners in Africa:
LIVING GOODS
Kenya and Uganda
Delivers Clean Cook Stoves, Water Filters, and Solar Energy
Who are they?
Living Goods is a non-...
Along the way, I&P is carving out a unique niche for itself in the world of small and medium enterprise loans. The investment group will only work with African businesses that have a record of outstanding social and environmental impact. It also requires businesses meet a set of strict criteria, including no use of child labor, implementing anti-discrimination policies, managing... Continue Reading >>
Today, some consider it Africa’s “biggest success story,” but just 19 short years ago the nation was haunted by one of the most horrific genocides in history.
1994 GENOCIDE
Unfortunately, when one thinks of Rwanda perhaps the first thing that comes to mind is its tragic history of genocide. Prompted by decades... Continue Reading >>
Unfortunately, sending money isn’t as cheap and clear-cut as you might think. On average, remittance services cost 8.96% of the amount being sent -- which is a lot given that most migrant workers don't make a lot to begin with.
Notably, costs of remittances have traditionally been highest in Africa -- undoubtedly, one of the places where the money is needed most. In 2012, about $60 billion was sent to Africa in remittances at an average transaction cost... Continue Reading >>
Blog posts tagged with Africa
Kiva will sunset operations of Kiva Protocol, effective June 30, 2022. To learn more, read the announcement on our blog.
Globally, over 1.7 billion adults, which is 31% of the world’s adult population, do not have access to the formal financial sector. Kiva has operated for the past 13 years in this world, facilitating over $1.3 billion USD in microloans to unbanked and underbanked populations in over 90 countries worldwide. Our experiences on the ground have shown us firsthand the systemic challenges that prevent the unbanked from accessing the...
Welcome to Higher impact, a series dedicated to sharing high-level impact progress at Kiva. You’ll hear a lot of great individual borrower stories from Kiva, but this series takes you behind the scenes to catch a glimpse of the impact our Field Partners are making in their regional communities. Check out the difference we’re making and tune in every month.
Our first installment comes from our Francophone...
Kiva and The MasterCard Foundation are kicking off a 5-year, $7.9 million partnership to test, develop and scale high-impact loans serving the unique needs of smallholder farmers and rural populations in sub-Saharan Africa.
... Continue Reading >>
I’ve only seen the film Hotel Rwanda twice.
The first time, I was alone on my parents’ couch in small-town Oklahoma. I tend to want to be emotionally prepared for heavy films with difficult subject matter, but when do you ever feel prepared enough to bear witness to such a magnitude of senseless violence and tragedy as what happened in Rwanda?
The answer is never, so I finally just took a deep breath and hit play.... Continue Reading >>
Check out Kiva’s amazing new partners in Africa:
LIVING GOODS
Kenya and Uganda
Delivers Clean Cook Stoves, Water Filters, and Solar Energy
Who are they?
Living Goods is a non-...
Along the way, I&P is carving out a unique niche for itself in the world of small and medium enterprise loans. The investment group will only work with African businesses that have a record of outstanding social and environmental impact. It also requires businesses meet a set of strict criteria, including no use of child labor, implementing anti-discrimination policies, managing... Continue Reading >>
Today, some consider it Africa’s “biggest success story,” but just 19 short years ago the nation was haunted by one of the most horrific genocides in history.
1994 GENOCIDE
Unfortunately, when one thinks of Rwanda perhaps the first thing that comes to mind is its tragic history of genocide. Prompted by decades... Continue Reading >>
Unfortunately, sending money isn’t as cheap and clear-cut as you might think. On average, remittance services cost 8.96% of the amount being sent -- which is a lot given that most migrant workers don't make a lot to begin with.
Notably, costs of remittances have traditionally been highest in Africa -- undoubtedly, one of the places where the money is needed most. In 2012, about $60 billion was sent to Africa in remittances at an average transaction cost... Continue Reading >>