Since 2005: 1.2 million lenders

$693 million loaned

98.72% repayment rate

296 Field Partners

86 Different Countries

KIVA Headlines

This week: 21,273 lenders made a loan

$1.3m loaned

14 seconds between a loan

98.69% repayment rate

4,034 Borrowers funded

6,542 new lenders

Choosing a platform which is as accessible as possible and allows as many of our members and their partners in Malawi to benefit;

Safeguarding the reputation of, and public support in, Scotland’s many links with Malawi;

Making best use of the SMP’s capabilities and reach. 46% of Scots personally know someone with a link to Malawi – can we harness this?;

Recognising our limitations and charitable purpose- don’t ourselves have expertise relating to crowdfunding or investment management, we therefore cannot ourselves directly manage investments or accept any liabilities;

Building upon and complementing the work of our members in this area.

Crowdfunding and the SMP Our priorities

Those who were strongly enthusiastic about the idea;

Those who like the idea but favoured a different platform/organisation (often their own);

Those who were particularly enthusiastic about the Kiva platform;

Those who had concerns about the Kiva platform;

Those who had misunderstood the proposal/the Kiva model/the proposed SMP role;

Those who expressed tension at the idea of working with other SMP members;

Those who don’t like the idea of the SMP promoting one platform, or investment at all.

Crowdfunding and the SMP Consultation responses

(1) Produce guidance and information on our new website

promoting all the different options available for people who would

like to support sustainable economic development in Malawi.

`SMP proposes that we will not promote, support or develop one single initiative but rather signpost people to a range of options.

This would include options for both direct funding and crowd-funding approaches, on a number of existing platforms used by members.

Crowdfunding and the SMP Our proposal for a way forward

(2) Work in partnership with key stakeholders in Malawi, particularly the Malawi Investment and Trade Centre (MITC) to:

identify more tailored/suitable investment opportunities for our members and other Scottish investors;

provide practical guidance on how best to present these, though constructive feedback on what type of investment opportunities, and supporting information, Scottish investors might be interested in;

communicate these opportunities to interested stakeholders in Scotland via the BITT forum.

Crowdfunding and the SMP Our proposal for a way forward