Kiva model un
-
Upload
kivaspeakers -
Category
Documents
-
view
320 -
download
0
Transcript of Kiva model un
National High School Model United NationsGabriel FrancisKiva Fellow
Mark, Cambridge
Maria, Costa Rica
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?
Microfinance
Extends traditional financial services like loans in a way that is accessible for the poor.
Traditional Microfinance
Microfinance Institutions
Entrepreneurs
Banks and NGOs
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
The Kiva website lets you shop for loan requests, just like browsing items on eBay or another website
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.
Kiva’s mission is to connect people through lending to alleviate poverty.
The Dream
Benard in Kenya You in USA
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
Mexico
GuatemalaHondurasNicaragua
HaitiDominican
Republic
SamoaEcuador
Peru
BoliviaParaguay
Senegal
Sierra Leone Cote
d’Ivoire
Ghana
Togo
Nigeria
Cameroon
DRC
Mozambique
Tanzania
KenyaUganda
South Sudan
Indonesia
VietnamCambodia
NepalPakistan
Afghanistan
Tajikistan
LebanonGaza Iraq
Azerbaijan
Ukraine
MoldovaBosnia
BulgariaUnited States
ChileSouth Africa
Columbia
Kiva’s goal is $1 Billion for 2 million borrowers
by 2015
Success Story: Doña Maria
How do I get involved?• Make a $25 loan• Start a lending group at your school• Volunteer
– Translation– Programming– Community Outreach
Kivahighschool.org
Understanding leads to empathyand empathy is a core component of world peace
APPENDIX
Kiva in a box