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- 501(c)(3) non-profit organization organization
- Launched: October 2005
- Founders: Matt and Jessica Flannery
- President: Premal Shah
- Headquarters: San Francisco, California
- Loan duration: Usually 6 to 12 months
- Loans successfully repaid: Over 99%
- Minimum loan amount: $25
- Fund type: Private Investor
- Loans made through Kiva: Over $27 million
- Average loan size: About $500
- Entrepreneurs funded: Over 39,000
- Lenders using Kiva: Over 275,000
- Kiva means "unity" or "agreement" in Swahili
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Kiva is an online non-profit organization through which donors can make micro loans to individuals in developing countries for small business start-ups or expansions. These loans are called microloans because the amounts from each lender are small.
Kiva is based in San Franscisco, California and currently lenders represent 186 different countries. http://www.kiva.org/about/help/stats . The goal of Kiva is to reduce poverty by giving people in developing countries the resources they need to earn a better living.
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How Kiva works
Kiva provides potential lenders the opportunity to choose who they fund by browsing through pictures and descriptions of borrowers, When enough money has been collected to fulfill the borrower's request (a process that often happens in a matter of hours), the money is transferred via PayPal to Kiva's field partners where it is dispersed to the entrepreneurs.Field partners are responsible for dispersing, managing and collecting the loans. Once repayment is complete, the loan is transferred back to Kiva through PayPal and returned to the original lenders. Because Kiva is a non-profit organization, PayPal waives all fees associated with the money transfers.
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Kiva on Amazon
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KIVA Giant Big Mouth Xtreme with Rack Lash System - $159.99
Amazon.com: KIVA Giant Big Mouth Xtreme with Rack Lash System: AutomotiveAmazon
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Teddy Bear with I Love Kiva t-shirt - $16.95
Amazon.com: Teddy Bear with I Love Kiva t-shirt: Toys & GamesAmazon
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To the Shores of Hell - $12.88
Amazon.com: To the Shores of Hell: Marshall Thompson, Kiva Lawrence, Richard Jordahl, Will Zens: VideoAmazon
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Kiva Oven Burner With Pinon Natural Wood Incense - Incienso De Santa Fe - $6.89
Amazon.com: Kiva Oven Burner With Pinon Natural Wood Incense - Incienso De Santa Fe: Kitchen & DiningAmazon
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Kiva Questions
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Who deserves a Kiva loan? 2 AnswersHere is one person on the Kiva site requesting a loan and she still needs a some money, maybe this is a good place to put the loan money? read more -
Using as Kiva team of mahalo 2 AnswersJoining the Mahalo Kiva team is really simple. I will give you a link that will take you to our team page so you can join it. You will see a big blue button th... read more -
Would you join the Mahalo Answers Kiva group? 5 AnswersActually I did join the Mahalo Answers Kiva group. Great Idea!! @robbrown is a smart guy with good ideas! ... read more -
Kiva,so thanks to Rob Brown my relatives have giving 750 so far. Can any family do better? 2 AnswersI have loaned $900, but some of that is from money that was paid back. read more
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Kiva on Amazon
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Kiva Key Chain Sling, Black - $10.00
NEW Building on the success of our Key Chain Collection, we have expanded it to include the new Key Chain Sling Pack. Ergonomically designed to hug your form without restricting mo...Amazon
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Kiva Key Chain Duffel, Black - $10.00
The Kiva Key Chain Duffel folds down so small it can fit into its handy little mini pouch. Hook it onto a belt loop, backpack or strap of a purse or whatever works for you. Use as ...Amazon
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Kiva Key Chain Pack, Blue - $10.00
The Kiva Key Chain Pack folds down so small it can fit into its handy little mini pouch. Hook it onto a belt loop, backpack or strap of a purse or whatever works for you. Use as a ...Amazon
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Beyond Chaco: Great Kiva Communities on the Mogollon Rim Frontier (Anthropological Papers of the University of Arizona) - $19.95
During the eleventh and twelfth centuries A.D., the Mogollon Rim region of east-central Arizona was a frontier, situated beyond and between larger regional organizations such as Ch...Amazon
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Kiva on Amazon
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Kiva Key Chain Pack, Blue - $10.00
The Kiva Key Chain Pack folds down so small it can fit into its handy little mini pouch. Hook it onto a belt loop, backpack or strap of a purse or whatever works for you. Use as a ...Amazon
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Kiva Key Chain Sling, Black - $10.00
NEW Building on the success of our Key Chain Collection, we have expanded it to include the new Key Chain Sling Pack. Ergonomically designed to hug your form without restricting mo...Amazon
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Kiva Key Chain Duffel, Black - $10.00
The Kiva Key Chain Duffel folds down so small it can fit into its handy little mini pouch. Hook it onto a belt loop, backpack or strap of a purse or whatever works for you. Use as ...Amazon
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Beyond Chaco: Great Kiva Communities on the Mogollon Rim Frontier (Anthropological Papers of the University of Arizona) - $19.95
During the eleventh and twelfth centuries A.D., the Mogollon Rim region of east-central Arizona was a frontier, situated beyond and between larger regional organizations such as Ch...Amazon
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