Blog posts tagged with borrowers
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... Continue Reading >>
Kiva is proud to provide capital to courageous, hardworking borrowers in this part of the world. So to conclude this Passport Series, we would like to share with you stories of four entrepreneurs who -- with Kiva lenders' help -- have found success in a place with limited economic opportunity.
A 34-year-old father of one, Basel has a disability that impedes his... Continue Reading >>
A 56 year-old wife and mother, Hayat lives in a refugee camp just outside of Beirut. But, as a Syrian refugee, she's not actually a Lebanese citizen.
Naturalization in Lebanon is almost impossible without marrying a Lebanese man -- and Hayat’s husband is also a non-citizen. This means that their children also live without registered IDs or... Continue Reading >>
WAHOO! HOORAY! WAY TO GO! BOOM. [INSERT CELEBRATORY EXCLAMATION HERE!]
Here's the thing: it's really YOU that's reached 1 million borrowers -- our lenders are truly the ones who made this inspiring, magical, stupendous achievement happen! You found the loans, you funded them, you touched and changed lives in fundamental ways. Your collective impact has set off a massive ripple effect of change across the world. And we can't... Continue Reading >>
A little background: Kiva loan requests are posted for a maximum of 30 days. If they're not funded within that timeframe, the loan expires and the Field Partner does not receive the funds for that particular loan. The majority of loans on Kiva are pre-disbursed by the Field Partner to the borrower, so an expiring loan does not necessarily mean... Continue Reading >>
That's right! Since its inception a mere 7 years ago, Kiva has helped serve up more than $400 million in loans to borrowers around the world. That's 524,572 loans making the world a better place for 971,438 borrowers with 99% repayment rate. An incredible achievement -- that we owe entirely to you, our lenders.
Exactly how much is $400 million? We're glad you asked. It's approximately the same as:
- 114 million Starbucks lattes.
- 130 million...
Team message boards update!
For all you awesome lending team members, we've made a number of improvements to the team message boards:
1) Team captains can now post featured messages to communicate important events, goals, initiatives, etc. The featured message will be highlighted as the first post on message boards and will also appear at the beginning of nightly digest emails.
2) We’ve added a panel on the right side to show loans that this team has recently talked about...Continue Reading >>
Do you remember your first class in world geography?
At some point you were probably taught that Africa is a continent, the Niles is the longest river, and that Russia is the largest country. But it’s pretty unlikely your teacher ever mentioned anything about Central Asia, and in particular Tajikistan.
In fact, this tiny country (roughly the size of Wisconsin), although unique historically and culturally, remains a mystery to most of the Western world.
Bordering Uzbekistan, Afghanistan, Kyrgyzstan and China, Tajikistan is made up of a... Continue Reading >>