Kiva is a non-profit organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide network of microfinance institutions, Kiva lets individuals lend as little as $25 to help create opportunity around the world.
Since Kiva was founded in 2005:
- 1,500,000 Kiva lenders
- $850,000,000 in loans
- 98.34% repayment rate
Kiva works with:
- 298 Field Partners
- 450 volunteers around the world
- 84 different countries
Kiva’s “why”
“We envision a world where all people – even in the most remote areas of the globe – hold the power to create opportunity for themselves and others.
We believe providing safe, affordable access to capital to those in need helps people create better lives for themselves and their families.”
How Kiva does it
Making a loan on Kiva is so simple that you may not realize how much work goes on behind the scenes.
Kiva works with micro-finance institutions on five continents to provide loans to people without access to traditional banking systems. One hundred percent of your loan is sent to these microfinance institutions, which are called Field Partners, who administer the loans in the field.
Kiva relies on a world wide network of over 450 volunteers who work with the Field Partners, edit and translate borrower stories, and ensure the smooth operation of countless other Kiva programs.
How Kiva is funded
100% of every dollar you lend on Kiva goes directly towards funding loans; Kiva does not take a cut. Furthermore, Kiva does not charge interest to their Field Partners, who administer the loans.
Kiva is primarily funded through the support of lenders making optional donations. They also raise funds through grants, corporate sponsors, and foundations.
How you can get involved
You can make a difference by joining the ACT*IMPACT lending team. Our aim is that we join forces with clients, colleagues and partners and together increase our impact.