Kiva model un

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National High School Model United Nations Gabriel Francis Kiva Fellow

Transcript of Kiva model un

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National High School Model United NationsGabriel FrancisKiva Fellow

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Mark, Cambridge

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Maria, Costa Rica

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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?

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Microfinance

Extends traditional financial services like loans in a way that is accessible for the poor.

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Traditional Microfinance

Microfinance Institutions

Entrepreneurs

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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Kiva’s mission is to connect people through lending to alleviate poverty.

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The Dream

Benard in Kenya You in USA

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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

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Kiva’s goal is $1 Billion for 2 million borrowers

by 2015

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Success Story: Doña Maria

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How do I get involved?• Make a $25 loan• Start a lending group at your school• Volunteer

– Translation– Programming– Community Outreach

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Kivahighschool.org

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Understanding leads to empathyand empathy is a core component of world peace

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APPENDIX

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Kiva in a box