Kiva model un
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- 1. National High School Model United Nations
2. Mark, Cambridge
3. Maria, Costa Rica
4. Give a man a fish you feed him for one day.
Teach a man to fish you feed him for life.
But what if all she needs is
a better fishing pole?
Extends traditional financial services like loans in a way that is accessible for the poor.
6. 7. Traditional Microfinance
Banks and NGOs
8. Kivas Model
the lender of a
0% interest loan
Money and stories are exchanged between lender and borrower through Kiva and the Microfinance Institution
9. 10. The Kiva website lets you shop for loan requests, just like browsing items on eBay or another website
11. 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.
12. 13. 14. 15. Kivas mission is to connect people through lending to alleviate poverty.
16. The Dream
You in USA
Benard in Kenya
17. 562,273 Kiva lenders have lent over $ 198 million dollars to 515,195 entrepreneurs through 126 Microfinance Partners in 58 countries and the numbers are growing
18. Kivas goal is $1 Billion
for 2 million borrowers
19. Success Story: Doa Maria
20. How do I get involved?
Make a $25 loan
Start a lending group at your school
21. 22. Kivahighschool.org
23. Understanding leads to empathy
and empathy is a core component
of world peace
26. Kiva in a box
27. Yenku: Sierra Leone
Yenku Sesay is a 30 year old Sierra Leonean
In 2006 rebel soldiers cut off his hands as punishment for voting
When he was 21 years old, Yenku was a double amputee, whose only prospects were begging in the streets of Freetown
28. Yenku Sesay: Survival to Success
Yenku was approached by a microfinance institution
The microfinance institution encouraged Yenku to take a loan of 300,000 Leones (about $100) to start a small business
Yenku sold soap, biscuits and small items for a small profit
As Yenku made a profit, he reinvested it into the business
Yenku now supports his family of three children, and even pays for his younger brothers schools fees