Kiva: Empowering Underserved Communities with Microcredit
Kiva Micro Credit
What is Kiva?
•
More than 1.7 billion people around the world are unbanked and can’t access the financial services
they need. Kiva is an international non-profit, founded in 2005 in San Francisco, with a mission to
expand financial access to help underserved communities thrive.
•
Kiva does this by crowdfunding loans and unlocking capital for the underserved, improving the quality
and cost of financial services, and addressing the underlying barriers to financial access around the
world.
•
Kiva by the Numbers
o
4.6 million borrowers
o
80 Countries
o
2.2 Million lenders
o
1.86 Billion Loans funded through Kiva
o
96.3% Repayment rate
o
450 Volunteers
o
4,356 Field partners and trustees
o
110 employees
o
81% of Borrowers are women
How does it work
Rotary club
of Calgary
Centennial
Involvement
In 2011 deposited $2500 CAD into Kiva and started making
loans
Total deposits to date are $12,881USD
Have made 1891 loans in 69 countries
Have lent out a total of $85,590 USD
47 loans have defaulted - $1,101.52 USD
After logging
into Kiva
screen shows
amount
available to
lend
After pressing
the lend button
– taken to screen
that shows loans
that are almost
funded
Click on the
borrower’s
name and
their story
appears
Scrolling down
will display
information
about the
lending
organization
Scroll down
to loan
details
Click on Field
Partner
Select loan
amount
and press
loan now
Kiva is a non-profit organization that leverages crowdfunding to provide financial access to over 1.7 billion unbanked individuals globally. Founded in 2005 in San Francisco, Kiva facilitates loans for underserved communities, boasting impressive statistics like 4.6 million borrowers across 80 countries and a 96.3% repayment rate. By engaging both lenders and borrowers, Kiva addresses barriers to financial access and promotes economic empowerment worldwide.
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Presentation Transcript
What is Kiva? More than 1.7 billion people around the world are unbanked and can t access the financial services they need. Kiva is an international non-profit, founded in 2005 in San Francisco, with a mission to expand financial access to help underserved communities thrive. Kiva does this by crowdfunding loans and unlocking capital for the underserved, improving the quality and cost of financial services, and addressing the underlying barriers to financial access around the world. Kiva by the Numbers o 4.6 million borrowers o 80 Countries o 2.2 Million lenders o 1.86 Billion Loans funded through Kiva o 96.3% Repayment rate o 450 Volunteers o 4,356 Field partners and trustees o 110 employees o 81% of Borrowers are women
Rotary club of Calgary Centennial Involvement
After logging into Kiva screen shows amount available to lend
After pressing the lend button taken to screen that shows loans that are almost funded
Click on the borrower s name and their story appears
Scrolling down will display information about the lending organization
Scroll down to loan details
Click on Field Partner
Select loan amount and press loan now
