Blog posts tagged with lending

Aug 8, 2020 KV Kiva HQ


The following is an interview with Kiva Investment Manager Kendra Thorogood, who manages a portfolio in Eastern Europe and Central/Southeast Asia. Some of the responses have been edited for clarity and brevity. 
 



Tell us a little bit about yourself and how you ended up in your current role at Kiva. 

I’m currently a Kiva Senior Investment Manager for Eastern Europe and Central Asia...

Continue Reading >>
Jul 7, 2020 KV Kiva HQ

Next week, join Black Girls Code and Kiva to learn how coding and technology are being used to help small business owners around the world! This event is open to all who register and will include a discussion panel alongside a live Q&A session.

This event will explore the intersection of tech and entrepreneurship with Black Girls Code organizers and Kiva changemakers, including Amber Gibson-Mora (VP of People and Places), Vijaya Bhandari (Senior Software Engineer), Michelle Dick (Senior Front End Software Engineer), Vy Thai (...

Continue Reading >>
Jul 7, 2020 KV Kiva HQ

July 20, 2020


At any given moment, Kiva’s website hosts thousands of borrower profiles and loan requests from all corners of the globe. As a result, many of these profiles require translation and editing before they can be made visible to the public. This is where the Review and Translation Program (RTP) steps in.

RTP is composed of hundreds of volunteers that review, translate and edit loans on a daily basis in order to see them fundraise on the Kiva site. These individuals typically review at least 16,000 loans...

Continue Reading >>
Jul 7, 2020 KV Kiva HQ


The following is an interview with Kiva Labs Partnerships Manager Michelle Schenck, who manages a portfolio in Africa and the Middle East. Some of the responses have been edited for clarity and brevity. 


Tell us a little bit about yourself and how you ended up in your current role at Kiva.

My career has always focused on Africa, though I initially focused on wildlife conservation and volunteered with the Jane...

Continue Reading >>
Jul 7, 2020 KV Kiva HQ


The following is a transcript of an interview with Kiva Investment Manager Lina Ramirez, who manages Field Partners Colombia, Honduras, El Salvador and Costa Rica. Some of the responses have been edited for clarity and brevity. 



Since you’re based internationally, we imagine that there are many different perspectives that you can offer the Kiva community. What is your daily life in Colombia like, and how have things changed since COVID-19...

Continue Reading >>
Jul 7, 2020 KV Kiva HQ

Worldwide, microfinance institutions (MFIs) serve 140 million low-income people, 80 percent of whom are women, amounting to $124 billion in credit portfolios as of 2018. While MFIs provide crucial support to those beyond the reach of traditional banks and financial institutions, these numbers under-report the impact of microcredit on the poor: non-MFIs such as cooperatives, fintechs, and pay-as-you-go businesses are also important players within the microfinance movement.

The COVID-19 pandemic and accompanying economic downturns represent the latest threat to face...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ


 

In times of crisis, gender often becomes sidelined as a secondary concern. But as with other social, political, and economic crises of the past, the COVID-19 pandemic has deeply gendered implications.

Public health emergencies, particularly in the developing world, often disrupt gender-based violence prevention services, sexual and reproductive healthcare services, and other programs that support women and girls. Women are also more likely to be engaged in informal, low-wage, and migrant work, resulting in large and...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ


Today, on Juneteenth, we celebrate and recognize the end of formal slavery in the United States.

With Kiva’s core mission centered around removing systematic barriers for underserved communities, today serves as a reminder that we still have a long way to go.

We are committed to becoming an organization that reflects and respects the diversity of the local communities where we work and serve. With this in mind, we will continue to do the following:

  • Formalize resource groups dedicated to...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ

“They are free to farm now.”

Those were the succinct but thought-provoking words our driver, Eddie, uttered as we entered and passed by some of the communities living in the outlying areas of the Nakivale Refugee Settlement.

Located in southwestern Uganda, the settlement was established in 1958 and is now populated by over 100,000 people. Covering 71.3 square miles, the settlement is home to refugees of 10 different nationalities, including Congolese, Rwandan, Burundian, Somalian Ethiopian, and Eritrean individuals and families....

Continue Reading >>
Jun 6, 2020 KV Kiva HQ

This week, we spoke with Neely Evanoff, the Capital Access Manager for the Kiva Hub in Salt Lake City. In our interview, Neely detailed the relationship between the International Rescue Committee and Kiva U.S. and the work they've done together.
 




Tell us about how Kiva U.S. became connected with the IRC!

We partnered with the IRC to teach business classes to refugee women at the IRC’s microenterprise program and developed a relationship with their staff.

IRC...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ


For the lowest-income individuals, it’s disproportionately expensive to borrow money. With predatory interest rates and unattainable criteria, getting a loan in America is a defeating — if not dangerous — process for many. 

Twenty-five percent of Americans are unbanked or underbanked. 78% of American workers live paycheck to paycheck. Implicit and explicit biases mean that women and people of color are three times more likely to see their credit applications rejected. Left with no other options, they fall prey to payday lenders,...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ

A Palestinian refugee tends to her garden.


Each year, June 20 marks World Refugee Day—a day to show solidarity with and honor the immense courage of the 70.8 million people worldwide who have been forced to flee their homes to escape war, persecution, natural disasters, and terror.

But this year, World Refugee Day looks a bit different.


As COVID-19 spreads globally, the world’s most vulnerable populations,...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ
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Dreams are universal, opportunity is not. There is so much opportunity that is not open or accessible to Black Americans due to long-standing systemic racism. This is not fair and this is not right.

No single individual or organization can resolve systemic racism alone. We all have a part to play in making things better and we need to do this together. At Kiva, we’re focused on getting money to...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ


Meet Sam Shain, Kiva's Credit Operations intern! A North Carolina State University alum, Sam recently graduated with a degree in International Studies, concentrating in Global Sustainability & Development. Now, he's mid-internship with the Credit Operations team at Kiva HQ in San Francisco.
 



When I was six years old, I galvanized my church congregation to donate to Heifer International, a global nonprofit working to eradicate poverty and hunger across the globe. I’d been taught the sustainable,...

Continue Reading >>
May 5, 2020 KV Kiva HQ

CEO Neville Crawley was interviewed on CNN First Move this past Tuesday morning, May 26, about Kiva's strategy and the world of microfinance during the COVID-19 pandemic.

 

 

... Continue Reading >>
May 5, 2020 KV Kiva HQ

Have you ever been consumed by passion when creating something? So much so that it gives you an unexplainable feeling that makes you want to keep on doing that very thing over and over?

For Wayan from Indonesia, Balinese wood carving does just that for him.  
 


"Balinese wood carving touches me very deeply. I have learned a variety of arts in Bali, such as gamelan dance, but carving a piece of wood gives me an incomparable sensation," says Wayan. 

More...

Continue Reading >>
May 5, 2020 KV Kiva HQ

Earlier this May, Andre Haddad joined the Kiva board of directors. Andre is the CEO of leading peer-to-peer car-sharing marketplace, Turo, and was previously CEO of Shopping.com before its $600m acquisition from eBay in 2005. 

A Kiva lender since 2006, Andre is a long-time supporter of the crowd-funding loan platform and its mission to empower entrepreneurs around the world to change lives and communities. Andre will leverage his 20 years of experience building marketplaces to help Kiva create delightful consumer experiences and grow its consumer base....

Continue Reading >>
May 5, 2020 KV Kiva HQ

In The Light in the Heart, Roy T. Bennit wrote: “Life is about accepting the challenges along the way, choosing to keep moving forward, and savoring the journey.”

Meet Zhumabubu, a 64-year old single mother living in Chuy, Kyrgyzstan. She has 7 children who live in different cities, including her youngest who has learning disabilities and still lives with her at the farmhouse.

 

...

Continue Reading >>
May 5, 2020 KV Kiva HQ

On Thursday, May 22, Kiva partner Sofia Vergara joined Jimmy Fallon on The Tonight Show to talk about Kiva and the COVID-19 Response fund. Check it out!

 

... Continue Reading >>
May 5, 2020 KV Kiva HQ

At 73 years old, Estanislao has one of the most important jobs of humankind. As a farmer, he provides us nourishment by growing tomatoes, peppers, cucumbers and eggplants for us to eat. 

He also provides employment to his community in Sensuntepeque, El Salvador and is the sole breadwinner in his family of 7. 

How did he do it? 

He focused on growth, adapted to change and asked for help when needed. 
 ...

Continue Reading >>
May 5, 2020 KV Kiva HQ

Meet Bandana Jethi! Bandana is a single mother of two, a rice paddy farmer, and a businesswoman from Mundahahapatana, India, where she lives with her parents and brother.

 

 

Bandana has mastered the art of cultivating and selling rice. When her own paddy field is not producing, she buys rice from other farmers, rents a truck, and drives to Bhubaneswar, where she sells the rice for a profit. However, Bandana is not the only...

Continue Reading >>
May 5, 2020 KV Kiva HQ


This piece comes from Luke Seidl, Kiva’s Senior Investment Manager of Small & Growing Businesses.

 

 

Introducing Cycle Connect

During the COVID-19 pandemic, the Kiva Social Enterprise team has reached out to all of the 85 businesses we’ve supported to check-in and understand their situations. We want to share this particular story of one loan recipient, which illustrates the type of businesses...

Continue Reading >>
May 5, 2020 KV Kiva HQ

 

At age 60, Blanca works 12 hours a day at her bakery stand in Ciudad El Triunfo in El Salvador.

By 7 a.m., she’s preparing the first batch of warm, fresh-out-of-the-oven bread along with her husband. If needed, she travels more than 20 miles on public transportation to buy supplies in the city, finishes around 7 p.m. and the next day - repeats.

She’s been doing this for more than 19 years!

...
Continue Reading >>
May 5, 2020 KV Kiva HQ

Rain pummeled the roof and windows of the truck as we came to a halt and surveyed the scene before us. A raging river, some 400 meters across and extending in either direction far beyond eyesight, roared - where a few hours ago there had been an easily passable stream. The dirt road we had been bumping along had turned to mud. Thick forest enveloped the surrounding mountains, blotting out the clouds from which the rain poured down. There was no way we would make it across the river, and there were no other roads out of town. So we hunkered down in the truck and we waited.

...
Continue Reading >>
May 5, 2020 KV Kiva HQ


Like Delene, more than 75 percent of the population in Haiti lacks access to electricity.

Regardless of being off the grid, the courageous single mother and business owner would stay resilient to make the best out of her circumstances, staying positive and doing what she could. Yet, the reality of not having electricity was still present.

So, how would she cook her delicious Haitian stew in the evening? How would her son do his homework once the sun went down?
 

... Continue Reading >>

Pages

Blog posts tagged with lending

Aug 8, 2020 KV Kiva HQ


The following is an interview with Kiva Investment Manager Kendra Thorogood, who manages a portfolio in Eastern Europe and Central/Southeast Asia. Some of the responses have been edited for clarity and brevity. 
 



Tell us a little bit about yourself and how you ended up in your current role at Kiva. 

I’m currently a Kiva Senior Investment Manager for Eastern Europe and Central Asia...

Continue Reading >>
Jul 7, 2020 KV Kiva HQ

Next week, join Black Girls Code and Kiva to learn how coding and technology are being used to help small business owners around the world! This event is open to all who register and will include a discussion panel alongside a live Q&A session.

This event will explore the intersection of tech and entrepreneurship with Black Girls Code organizers and Kiva changemakers, including Amber Gibson-Mora (VP of People and Places), Vijaya Bhandari (Senior Software Engineer), Michelle Dick (Senior Front End Software Engineer), Vy Thai (...

Continue Reading >>
Jul 7, 2020 KV Kiva HQ

July 20, 2020


At any given moment, Kiva’s website hosts thousands of borrower profiles and loan requests from all corners of the globe. As a result, many of these profiles require translation and editing before they can be made visible to the public. This is where the Review and Translation Program (RTP) steps in.

RTP is composed of hundreds of volunteers that review, translate and edit loans on a daily basis in order to see them fundraise on the Kiva site. These individuals typically review at least 16,000 loans...

Continue Reading >>
Jul 7, 2020 KV Kiva HQ


The following is an interview with Kiva Labs Partnerships Manager Michelle Schenck, who manages a portfolio in Africa and the Middle East. Some of the responses have been edited for clarity and brevity. 


Tell us a little bit about yourself and how you ended up in your current role at Kiva.

My career has always focused on Africa, though I initially focused on wildlife conservation and volunteered with the Jane...

Continue Reading >>
Jul 7, 2020 KV Kiva HQ


The following is a transcript of an interview with Kiva Investment Manager Lina Ramirez, who manages Field Partners Colombia, Honduras, El Salvador and Costa Rica. Some of the responses have been edited for clarity and brevity. 



Since you’re based internationally, we imagine that there are many different perspectives that you can offer the Kiva community. What is your daily life in Colombia like, and how have things changed since COVID-19...

Continue Reading >>
Jul 7, 2020 KV Kiva HQ

Worldwide, microfinance institutions (MFIs) serve 140 million low-income people, 80 percent of whom are women, amounting to $124 billion in credit portfolios as of 2018. While MFIs provide crucial support to those beyond the reach of traditional banks and financial institutions, these numbers under-report the impact of microcredit on the poor: non-MFIs such as cooperatives, fintechs, and pay-as-you-go businesses are also important players within the microfinance movement.

The COVID-19 pandemic and accompanying economic downturns represent the latest threat to face...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ


 

In times of crisis, gender often becomes sidelined as a secondary concern. But as with other social, political, and economic crises of the past, the COVID-19 pandemic has deeply gendered implications.

Public health emergencies, particularly in the developing world, often disrupt gender-based violence prevention services, sexual and reproductive healthcare services, and other programs that support women and girls. Women are also more likely to be engaged in informal, low-wage, and migrant work, resulting in large and...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ


Today, on Juneteenth, we celebrate and recognize the end of formal slavery in the United States.

With Kiva’s core mission centered around removing systematic barriers for underserved communities, today serves as a reminder that we still have a long way to go.

We are committed to becoming an organization that reflects and respects the diversity of the local communities where we work and serve. With this in mind, we will continue to do the following:

  • Formalize resource groups dedicated to...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ

“They are free to farm now.”

Those were the succinct but thought-provoking words our driver, Eddie, uttered as we entered and passed by some of the communities living in the outlying areas of the Nakivale Refugee Settlement.

Located in southwestern Uganda, the settlement was established in 1958 and is now populated by over 100,000 people. Covering 71.3 square miles, the settlement is home to refugees of 10 different nationalities, including Congolese, Rwandan, Burundian, Somalian Ethiopian, and Eritrean individuals and families....

Continue Reading >>
Jun 6, 2020 KV Kiva HQ

This week, we spoke with Neely Evanoff, the Capital Access Manager for the Kiva Hub in Salt Lake City. In our interview, Neely detailed the relationship between the International Rescue Committee and Kiva U.S. and the work they've done together.
 




Tell us about how Kiva U.S. became connected with the IRC!

We partnered with the IRC to teach business classes to refugee women at the IRC’s microenterprise program and developed a relationship with their staff.

IRC...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ


For the lowest-income individuals, it’s disproportionately expensive to borrow money. With predatory interest rates and unattainable criteria, getting a loan in America is a defeating — if not dangerous — process for many. 

Twenty-five percent of Americans are unbanked or underbanked. 78% of American workers live paycheck to paycheck. Implicit and explicit biases mean that women and people of color are three times more likely to see their credit applications rejected. Left with no other options, they fall prey to payday lenders,...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ

A Palestinian refugee tends to her garden.


Each year, June 20 marks World Refugee Day—a day to show solidarity with and honor the immense courage of the 70.8 million people worldwide who have been forced to flee their homes to escape war, persecution, natural disasters, and terror.

But this year, World Refugee Day looks a bit different.


As COVID-19 spreads globally, the world’s most vulnerable populations,...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ
By Neville Crawley
h1{text-align:center;}.views-field views-field-field-category-of-core-post{display:none;}

Dreams are universal, opportunity is not. There is so much opportunity that is not open or accessible to Black Americans due to long-standing systemic racism. This is not fair and this is not right.

No single individual or organization can resolve systemic racism alone. We all have a part to play in making things better and we need to do this together. At Kiva, we’re focused on getting money to...

Continue Reading >>
Jun 6, 2020 KV Kiva HQ


Meet Sam Shain, Kiva's Credit Operations intern! A North Carolina State University alum, Sam recently graduated with a degree in International Studies, concentrating in Global Sustainability & Development. Now, he's mid-internship with the Credit Operations team at Kiva HQ in San Francisco.
 



When I was six years old, I galvanized my church congregation to donate to Heifer International, a global nonprofit working to eradicate poverty and hunger across the globe. I’d been taught the sustainable,...

Continue Reading >>
May 5, 2020 KV Kiva HQ

CEO Neville Crawley was interviewed on CNN First Move this past Tuesday morning, May 26, about Kiva's strategy and the world of microfinance during the COVID-19 pandemic.

 

 

... Continue Reading >>
May 5, 2020 KV Kiva HQ

Have you ever been consumed by passion when creating something? So much so that it gives you an unexplainable feeling that makes you want to keep on doing that very thing over and over?

For Wayan from Indonesia, Balinese wood carving does just that for him.  
 


"Balinese wood carving touches me very deeply. I have learned a variety of arts in Bali, such as gamelan dance, but carving a piece of wood gives me an incomparable sensation," says Wayan. 

More...

Continue Reading >>
May 5, 2020 KV Kiva HQ

Earlier this May, Andre Haddad joined the Kiva board of directors. Andre is the CEO of leading peer-to-peer car-sharing marketplace, Turo, and was previously CEO of Shopping.com before its $600m acquisition from eBay in 2005. 

A Kiva lender since 2006, Andre is a long-time supporter of the crowd-funding loan platform and its mission to empower entrepreneurs around the world to change lives and communities. Andre will leverage his 20 years of experience building marketplaces to help Kiva create delightful consumer experiences and grow its consumer base....

Continue Reading >>
May 5, 2020 KV Kiva HQ

In The Light in the Heart, Roy T. Bennit wrote: “Life is about accepting the challenges along the way, choosing to keep moving forward, and savoring the journey.”

Meet Zhumabubu, a 64-year old single mother living in Chuy, Kyrgyzstan. She has 7 children who live in different cities, including her youngest who has learning disabilities and still lives with her at the farmhouse.

 

...

Continue Reading >>
May 5, 2020 KV Kiva HQ

On Thursday, May 22, Kiva partner Sofia Vergara joined Jimmy Fallon on The Tonight Show to talk about Kiva and the COVID-19 Response fund. Check it out!

 

... Continue Reading >>
May 5, 2020 KV Kiva HQ

At 73 years old, Estanislao has one of the most important jobs of humankind. As a farmer, he provides us nourishment by growing tomatoes, peppers, cucumbers and eggplants for us to eat. 

He also provides employment to his community in Sensuntepeque, El Salvador and is the sole breadwinner in his family of 7. 

How did he do it? 

He focused on growth, adapted to change and asked for help when needed. 
 ...

Continue Reading >>
May 5, 2020 KV Kiva HQ

Meet Bandana Jethi! Bandana is a single mother of two, a rice paddy farmer, and a businesswoman from Mundahahapatana, India, where she lives with her parents and brother.

 

 

Bandana has mastered the art of cultivating and selling rice. When her own paddy field is not producing, she buys rice from other farmers, rents a truck, and drives to Bhubaneswar, where she sells the rice for a profit. However, Bandana is not the only...

Continue Reading >>
May 5, 2020 KV Kiva HQ


This piece comes from Luke Seidl, Kiva’s Senior Investment Manager of Small & Growing Businesses.

 

 

Introducing Cycle Connect

During the COVID-19 pandemic, the Kiva Social Enterprise team has reached out to all of the 85 businesses we’ve supported to check-in and understand their situations. We want to share this particular story of one loan recipient, which illustrates the type of businesses...

Continue Reading >>
May 5, 2020 KV Kiva HQ

 

At age 60, Blanca works 12 hours a day at her bakery stand in Ciudad El Triunfo in El Salvador.

By 7 a.m., she’s preparing the first batch of warm, fresh-out-of-the-oven bread along with her husband. If needed, she travels more than 20 miles on public transportation to buy supplies in the city, finishes around 7 p.m. and the next day - repeats.

She’s been doing this for more than 19 years!

...
Continue Reading >>
May 5, 2020 KV Kiva HQ

Rain pummeled the roof and windows of the truck as we came to a halt and surveyed the scene before us. A raging river, some 400 meters across and extending in either direction far beyond eyesight, roared - where a few hours ago there had been an easily passable stream. The dirt road we had been bumping along had turned to mud. Thick forest enveloped the surrounding mountains, blotting out the clouds from which the rain poured down. There was no way we would make it across the river, and there were no other roads out of town. So we hunkered down in the truck and we waited.

...
Continue Reading >>
May 5, 2020 KV Kiva HQ


Like Delene, more than 75 percent of the population in Haiti lacks access to electricity.

Regardless of being off the grid, the courageous single mother and business owner would stay resilient to make the best out of her circumstances, staying positive and doing what she could. Yet, the reality of not having electricity was still present.

So, how would she cook her delicious Haitian stew in the evening? How would her son do his homework once the sun went down?
 

... Continue Reading >>

Pages