Loans that change lives.

MISSION

"To connect people through lending to reduce poverty"

Kiva is a non-profit organization that allows people to lend money via the Internet to low-income entrepreneurs in over 80 countries.

HOW DID IT START?

Matt Flannery Jessica Jackley

Geoff Davis

“There is an historical tension between the donor/lender desire to know where my money goes and the recipient organization’s need for efficiency.”

“We were blown away; every- thing worked. It was better than we expected.”

“These stories are at the heart of Kiva’s goal and strategy”

“the direct person-to-person connection Kiva offered was in fact an illusion.”

“The person-to-person donor-to-borrower connections created by Kiva are partly fictional,” he wrote. “I suspect that most Kiva users do not realize this.”

“Premal Shah, Kiva’s president, said he could foresee a day when Kiva really did provide person-to-person connection, once some legal hurdles are cleared and when people in the developing world began using their mobile phones to use credit and make payments.

$3BILLION

2013

HOW IS KIVA DOING NOW?

A+

SOURCES

• kiva.org • http://www.nytimes.com/2009/11/09/business/global/09kiva.html?_r=0 • Kiva and the Birth of Person-to-Person Microfinance, Matt Flannery, MIT Innovations Journal • https://www.google.org/global-giving/global-impact-awards/kiva/ • http://www.bbb.org/greater-san-francisco/business-reviews/loans/kiva-microfunds-in-san-francisco-ca-193147 • https://www.charitynavigator.org/index.cfm?bay=search.summary&orgid=12978 • "The Kiva Team". Kiva.org. Retrieved December 14, 2012. • http://select.nytimes.com/2007/03/27/opinion/27kristof.html