Kiva

(Unverified non-profit organisation)

Kiva connects donors to individual entrepreneurs or groups in the developing world, through the provision of micro-loans. Micro-credit empowers clients to lift themselves out of poverty through developing responsible business patterns and training. Kiva partners with existing micro-finance institutions around the world to locate individuals in impoverished communities with small businesses. Throughout the course of the loan (usually 6-12 months), donors receive email updates from the sponsored business as the money is repaid. Kiva has a repayment rate of 98.96%.

Website

http://www.kiva.org/

Year established

2004

Organisation annual cash turnover (in US$ equivalent)

1 million - 100 million

Further information


About this organisation

Partnership types

Doing business with the poor

Regions / countries / territories

Americas: United States

Global issues

Job creation and enterprise development; Financial accessibility and management

Business sectors

Finance