Dear Kiva Community,
If you’re a part of Kiva’s lending team community, chances are you’ve either seen or taken part in a conversation about the loans that Strathmore University recently posted to the Kiva website. We're listening. In this blog post, we hope to address a lot of the issues that have been raised and provide answers to many of the questions we've been seeing.
If this is new to you, here’s a brief recap: A couple months ago, one of our Field Partners,...
Blog posts tagged with kiva
Dear Kiva Community,
Today, we couldn't be more excited to announce a brand new initiative called Kiva U!
It's not just a program. It's a movement. Everywhere, thousands of students and educators are joining together to change the world through microfinance. Already, we've seen teachers, high school clubs, campus chapters, and inspired students mobilizing to solve the world's toughest challenges. All of this has motivated us to take the next step and create tools for people to learn more about global poverty, economics, credit, and how small loans... Continue Reading >>
“Kiva has come up with a respectful way to offer help…Kiva’s model says that people in developing countries are capable of creating their own prosperity... ”
City: Pheonix, Arizona
Team: Loan On Me
Time with Kiva: 10 months
Outstanding contributions to Kiva:
After 10 months as a volunteer editor with Kiva, Amy has reviewed over 3,000 loans! She is an extremely conscientious... Continue Reading >>
We started this project by asking Kiva lenders what they thought would be the most important information to enable them visualize their team's impact. Using our learnings we crafted designs, which we reviewed with a randomly-selected cross section of lenders. The result of this process is the new “Impact” section of the... Continue Reading >>
In a city where the lights are literally going out, it's good to know that there are some glimmers of hope. For Detroit, which filed for bankruptcy mid-July, and where nearly 40 percent of the city's streetlights remain dark, that glimmer is innovative programs, like Kiva Zip and Michigan Corps, that are...
Kiva is very excited to welcome Yunus Social Business (YSB) Funds as a new partner! In this earlier blog post we explained the importance of social businesses, which are defined as non-dividend businesses specifically created to solve a social problem. YSB was created in 2011 to expand and raise awareness about this movement, and offers advisory services and incubator funds to social businesses. They are currently working in Haiti, Albania, Brazil, Colombia, Tunisia and Togo with plans to continue expanding globally.
YSB was co-founded by... Continue Reading >>
Helping our lenders spread the word about Kiva is important for us to reach even more people! Whether it's in person or online, it's you that makes Kiva grow. For each user that shares Kiva through one of their social networks, we get three new visitors to our website. We've now added a new way to share Kiva by adding a button to share your loan on Google+. Make a loan and try it out!
... Continue Reading >>
Somaliland is an incredibly poor region of Somalia. The education system is weak, school fees are high, and many bright students never have the opportunity to learn. In this challenging environment, Abaarso is determined to make change. Named for the small village where it is located, the school is built on donated loand and has traditionally... Continue Reading >>
One Size definitely does not fit all - at least not with financial products.
How can farmers and... Continue Reading >>
We're so excited to announce a unique partnership with Etsy today to help artisans around the world get the capital they need to grow their businesses and succeed!
For those who aren't familiar, Etsy is the online marketplace where people can connect to buy and sell handmade and other creative goods. With 900,000 shops and 60 million unique visitors a month, Etsy is reimagining commerce in ways that build a more fulfilling, sustainable world. This, of course, is directly in line with Kiva's mission to expand opportunity to people building... Continue Reading >>
"Kiva serves a great purpose, introducing us to and letting us fund small businesses. Working with Kiva helps us better understand the borrowers. We translate loans for individuals who often operate out of their homes and rely on this business model for their... Continue Reading >>
Very few microfinance institutions provide credit to the very poor in Togo. Assilassimé (“Hand in Hand” in Ewe, the local language) is distinguished in the Togolese microfinance landscape because it offers services only to vulnerable individuals in the Lomé area, particularly unbanked individuals, the disabled, single mothers, sex workers, people living with HIV, and widows. Kiva funding will help the organization expand its reach so it can work... Continue Reading >>
Zip is Kiva's pilot project to reach new types of borrowers in the U.S. and Kenya. Through Zip, anyone can endorse a deserving borrower to qualify for and raise a 0% interest loan on Kiva. These loans are made directly via mobile money and electronic payment systems, and borrowers and lenders can correspond during the term of the loan.
When you make a loan in Newark, you make so many great... Continue Reading >>
The biggest change is the addition of “Zip”, with an eye catching “New” label. As Kiva grows, we are challenging ourselves to find new ways to reach even more people with innovative loan products. One way we've been doing this is... Continue Reading >>
Many industries view similar or related organizations as competitors. I’d like to think that the international development industry is unique in viewing others as collaborators. Since everyone in this industry is working toward a common goal -- poverty alleviation -- everyone is constantly looking for ways to share findings and learn from each other. Our biggest concern is reaching a common, hugely important mission. Since this desire outreaches any... Continue Reading >>
While microfinance has become a powerful tool to fight poverty around the world, it leaves out a critical category of businesses that have the potential to create jobs and breakout growth in developing economies: Small and medium enterprises (SMEs for short).
One country where this is especially true is Iraq. Still in the early stages of recovery from the war, the country needs SMEs to build a strong foundation for healthy economic growth. At the same time, cultural restrictions and domestic norms in Iraq have vastly reduced the number of career... Continue Reading >>
What’s more exciting is that accompanying us for the launch was none other than Oregon’s First Lady, Cylvia Hayes!
Kiva Zip will support the state’s Prosperity Initiative which aims to create a robust economy by removing barriers to overcoming poverty and empowering citizens to maximize their potential... Continue Reading >>
MAKE A STUDENT LOAN TODAY >>
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We're so excited to be working with Strathmore -- one of the most prestigious private institutions on the continent -- to get young people the funding they need to succeed. Make a student loan today, and change a life in dramatic ways.
It may be summer vacation, but too many bright, qualified students in Africa need to worry about affording education. Financial aid is... Continue Reading >>
Interns are essential to Kiva’s operations and its mission to connect people through lending to alleviate poverty. There are a wide range of positions in a variety of departments where interns work closely with staff on high-impact projects in an educational and social work environment. This is no "fetching... Continue Reading >>
When we talk about the best ways to alleviate poverty in developing countries, we often bring up issues around education, clean energy, healthcare, savings and more. But poverty can also be tackled by establishing large-scale distribution networks to connect technology suppliers with users in remote areas. This is exactly why we partnered with Kopernik!
Like in many developing countries, small kiosks are very popular in Indonesia and account for 85% of the Indonesian... Continue Reading >>