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Kiva’s mission is to connect people, through lending, to alleviate poverty. Since its launch in 2005, Kiva has connected more than 1 million lenders with more than 1 million borrowers around the world and has facilitated nearly US$600 million in loans to individuals in 75 countries through its website, www.kiva.org.
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1
Cynthia McMurry
Regional Director, Latin America & Caribbean
October 3rd, 2014
Crowdfunding:
A Tool to Alleviate Poverty and Create Opportunity
2Our vision
Kiva will become a tool that
is helpful to all people…
even in the hardest to
reach areas of this planet.
We envision a world where all
people - even in the most
remote areas of the globe -
hold the power to create
opportunity for themselves
and others.
3Mission & Background
Kiva’s mission is to connect people, through lending, to alleviate poverty.
• Founded in 2005, Kiva operates a website where its Field Partners can
post loans for interest-free financing by individual lenders.
• Kiva partners with a range of organizations, including microfinance
institutions (MFIs), social businesses, schools, and nonprofits.
• These organizations are united by a strong commitment to serving the
needs of poor, vulnerable, and/or excluded populations, either
through financial services or by using credit to expand access to
beneficial products and services.
4Kiva’s Model
Lender Online marketplace Field PartnerBorrower
Money
Information
5
“Photo Credit: Connecting Dotz
Connecting people through lending to alleviate poverty
Website Demo
6Kiva’s reach and impact to date
79Countries
279Field Partners
$613,000,000Total Loans
98.8%Repayment Rate
7
A. A loan to a low-income male student in Tajikistan to pay
for university tuition and school materials
B. A group loan to poor entrepreneurs in the Democratic
Republic of Congo to buy various business materials
C. A loan to a female farmer in an underserved rural area of
Honduras
Photo Credit: Connecting Dotz
Which is the highest impact loan?
8Kiva lender demographics
36%
64%
0% 50% 100%
Male
Female
0% 10% 20%
Other
> $200k
$150k - $200k
$100k - $150k
$75k - $100k
$50k - $75k
$25k - $50k
< $25k
Household IncomeGender
0% 10% 20% 30%
65 orolder
55 - 64
45 - 54
35 - 44
25 - 34
18 - 24
Under18
Age
9Questions?
Get involved!
Become a lender: www.kiva.org/lend
Interested in becoming or referring a Kiva Field Partner?
Email [email protected]
