Providing Accessible and Inclusive Financial Assistance

It provides safe, affordable access to capital for those in need, so they can build better lives for themselves and their families. Since its foundation in 2005, it has allowed more than one million people to give $550 million in loans, starting from as little as $25, to those without access to traditional banking, in 76 countries, with a 99% repayment rate.

I have this challenge

the problem

Data Kiva is the pioneer of online microfinance. It provides safe, affordable access to capital for those in need, and in the most remote areas of the world, so they can build better lives for themselves and their families. Since its foundation in 2005 it has allowed more than one million people to give $550 million in loans, starting from as little as $25, to those without access to traditional banking, in 76 countries, with a 99% repayment rate. It works with 450 volunteers and a network of micro finance institutions globally. Cookies on the Social Tech Guide Social Tech Guide uses cookies to provide you with an enhanced user experience. To remove this message, please click continue. Continue Learn more View Our Privacy Policy Terms & Conditions

Kiva works 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. Through Kiva's work, students can pay for tuition, women can start businesses, farmers are able to invest in equipment and families can afford needed emergency care.

the impact

More than 1.7 billion people are unbanked and can’t access the financial services they need. Kiva is working to provide accessible financial assistance to those who need it.

$1.46B loans are funded through Kiva

Kiva is accessible in 77 countries
Has a 95.7% repayment rate
3.6m Borrowers
1.9M Lenders

who benefits from solving this problem

Kiva's website: https://www.kiva.org/

financial insights

1.46B loans funded through Kiva

attributions

https://www.socialtech.org.uk/projects/kiva/
https://www.kiva.org/about

Sierra Briscoe - www.linkedin.com/in/sierrabriscoe

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Challenge

Providing Accessible and Inclusive Financial Assistance edit

Providing Accessible and Inclusive Financial Assistance