About KIVA
Kiva is a revolutionary online lending platform that has transformed the way people lend money to entrepreneurs around the world. Founded in 2005, Kiva has become a global leader in microfinance, providing access to capital for small businesses and individuals who would otherwise be unable to secure traditional loans.
With Kiva, anyone can become a lender and make a difference in the lives of others. For as little as $25, you can help fund a loan for an entrepreneur in need. These loans are then repaid over time, allowing you to reinvest your funds into new projects and continue supporting those who need it most.
One of the key features of Kiva is its focus on transparency and accountability. Every borrower on the platform undergoes a rigorous screening process to ensure they meet certain criteria before being approved for funding. This includes verifying their identity, assessing their creditworthiness, and evaluating their business plan.
Once approved, borrowers are able to create profiles on the Kiva website where lenders can learn more about them and their businesses. This allows lenders to make informed decisions about where they want their money to go and how it will be used.
Kiva also works with local partners around the world who help identify potential borrowers and provide ongoing support throughout the loan process. These partners play an important role in ensuring that loans are successful by providing training, mentorship, and other resources that help entrepreneurs grow their businesses over time.
Since its inception, Kiva has facilitated more than $1 billion in loans across 80 countries worldwide. This incredible achievement is a testament to the power of microfinance as a tool for economic development and poverty reduction.
But Kiva's impact goes beyond just financial support - it also helps build connections between people from different parts of the world who may never have had contact otherwise. By lending through Kiva, you not only provide critical funding for entrepreneurs but also gain insight into different cultures and ways of life around the globe.
In conclusion, if you're looking for an impactful way to make a difference in someone's life while also earning returns on your investment - look no further than Kiva! With its innovative approach to microfinance and commitment to transparency & accountability - this online lending platform is changing lives one loan at a time!
kiva.org
