Fact Card: Kiva.org

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Kiva is a non-profit organisation founded in 2005 leveraging the internet and a worldwide network of microfinance institutions to alleviate poverty. Kiva enables individuals to lend small amounts, as little as $25, to help create opportunities around the world for those in need of little extra capital.

How does it work?

  • After registration members can make a loan on Kiva. Lenders and their need for loans are featured on the Kiva website. All loans are vetted, administered, and disbursed by Kiva Field Partners (microfinance organisations around the world).
  • Kiva sends email updates during the loan period and updates on progress are also posted on the website.
  • After the borrower repays the loan, the money becomes available as Kiva Credit in the lender’s account. Kiva Credit can then be used to fund another loan, donated to Kiva, or withdrawn from the service.

Who’s involved?
Lenders and borrowers around the world. Kiva is supported by a wide range of corporations and foundations offering their support through discounted services and free software as well as grants and financial backing.

Active. Kiva offers micro loans in over 60 countries.


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