- 07.01.09
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Organization Description
Kiva is the world’s first person-to-person micro-lending website, empowering individuals to lend directly to unique entrepreneurs in the developing world.
The people you see on Kiva’s site are real individuals in need of funding – not marketing material. When you browse entrepreneurs’ profiles on the site, choose someone to lend to, and then make a loan, you are helping a real person make great strides towards economic independence and improve life for themselves, their family, and their community. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates and track repayments. Then, when you get your loan money back, you can relend to someone else in need.
Kiva partners with existing expert microfinance institutions. In doing so, we gain access to outstanding entrepreneurs from impoverished communities world-wide. Our partners are experts in choosing qualified entrepreneurs. That said, they are usually short on funds. Through Kiva, our partners upload their entrepreneur profiles directly to the site so you can lend to them. When you do, not only do you get a unique experience connecting to a specific entrepreneur on the other side of the planet, but our microfinance partners can do more of what they do, more efficiently.
Kiva provides a data-rich, transparent lending platform. We are constantly working to make the system more transparent to show how money flows throughout the entire cycle, and what effect it has on the people and institutions lending it, borrowing it, and managing it along the way. To do this, we are using the power of the internet to facilitate one-to-one connections that were previously prohibitively expensive. Child sponsorship has always been a high overhead business. Kiva creates a similar interpersonal connection at much lower costs due to the instant, inexpensive nature of internet delivery. The individuals featured on our website are real people who need a loan and are waiting for socially-minded individuals like you to lend them money.
(More)Kiva Updates
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Today, more than one billion people in the world are hungry, currently defined as consuming 1800 calories or less per day.
- 06.24.09
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- 10:24am
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In recent years, "microfinance" has been one of the most promising developments in the nonprofit and philanthropic world.
- 03.20.09
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- 03:06pm
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Kiva and Save The Children are educating millions of children trapped in war zones around the world and helping their parents earn higher incomes.
- 02.04.09
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- 11:47am
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Here at Causecast we couldn't be more excited about the holidays: Secret Santa's have been assigned and the cheesy sweater pictures have been taken.
- 12.18.08
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- 05:04pm
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Bloggers are often accused of complaining about things and never actually doing anything. Blog Action Day 08 is hoping to change that.
- 10.15.08
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- 11:17am
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- 09.29.08
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- 11:36pm
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- 09.05.08
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- 09.05.08
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Kiva Blog
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Over the weekend, the White House announced a new $100 million microfinance growth fund for the western hemisphere:
The global credit crisis is having a significant and harmful impact on the ava...
- Posted on 04.21.09
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- Posted on 04.09.09
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- Posted on 09.09.08
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Photo Gallery
Supported Events
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Human Rights Day 2008 marks the end of a year-long commemoration of the 60th anniversary of the Universal Declaration of Human Rights.
- Dec. 10th, 2008
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Supporters
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- 07.01.09
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- 06.30.09
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- 06.30.09
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- 06.30.09
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I have a dream. It came after I saw your Uganda report about peanut butter. It involves Homeopathy and Bach Flower Formula remedies.
Who should I talk to for I will have a sponsoring group Homeopathy World Community and their sponsorship will be the wisdom and the teaching. Here is who I am. Not much time to waste.
www.hollywoodsurvivalkit.com
you tube john board
http://www.us.imdb.com/name/nm0090159/
congrats on being #19 in this month's GQ column "50 Reasons to Have (Actual, Legitimate, Genuine) Hope" :)
AMEX cardholding friends should consider voting for this Kiva project on www.membersproject.com/project/view/P6KQEI