Kiva Intern OrientationApril , 2010

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“ “Capitalism takes a narrow view of human nature, assuming that people are one-dimensional beings concerned only with the pursuit of maximum profit.

Muhammad Yunus

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Kiva’s History

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Where we started: 2005 in Tororo, Uganda

Entrepreneurs50 entrepreneurs

Lenders 500

MFIs None

Risk 0% default rate

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Early Processes Did Not Scale

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Cumulative loan volumeEntrepreneurs

210,000 loans to 394,000+

Lenders566,000+(899,375 users)

MFIs 210 MFIs in 58 countries

Risk < 2% default rate

Average Loan Size $381.66

2006$2m2006$2m

2007$18m2007$18m

2008$36m2008$36m

Nov 2009$100M

Nov 2009$100M

Where we are today: $ 200 M through 210 MFIs

*as of March 2011

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Kiva 101

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Traditional Microfinance

Microfinance Institutions

Microfinance Institutions

EntrepreneursEntrepreneurs

Banks and NGOs

Banks and NGOs

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Kiva’s Model

Money and stories are exchanged between lender and borrower through Kiva and the Microfinance Institution

You become the lender of a 0% interest loan

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The Kiva website lets you shop for loan requests, just like browsing items on eBay or another website

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Kiva lenders make 0% interest loans which are paid back at the end of the loan cycle. Over 98.6% of loans are paid back.

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Connected Capital

Photo Credit: Connecting Dotz

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Future of Kiva

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Our Vision for the Future

Entrepreneur Student Green Water

Loans that change lives

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Together… Momentum is accelerating

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Breaking the cycle in Africa

In just 5 years, Kiva funds more MFIs in post-conflict Africa than any other funder

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Departments at Kiva

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Kiva HQ

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Questions?