Blog posts tagged with lending

Jan 1, 2020 KV Kiva HQ

Albalibia providing her hair salon services in her home in Itagui, Colombia.
 

It was 12 a.m. Albalibia’s feet were tired from selling cell phone minutes on the street all day when she arrived to find the door to her room knocked down on the floor. Most of her belongings were gone and the few that were left were destroyed and scattered all over the house where she was renting a room.

She went from a tired and defenseless state of mind after a long day of work...

Continue Reading >>
Jan 1, 2020 KV Kiva HQ

The problem

Camping with friends is always a fun activity, but building the bonfire is sometimes challenging. The smoke can get in your eyes, wooden splinters can piece your hands, coughs and minor burns can keep you up past midnight.

For many people who don't have access to adequate cooking stoves or heaters, this is their daily life. According to a study by National Geographic, 3 billion people around the world cook over open fires, and the consequences can be deadly. We’re talking about...

Continue Reading >>
Jan 1, 2020 KV Kiva HQ

 

"Letters from an Intern" is a new series on the Kiva Blog that comes out at the beginning of every month. We aim to feature interns across all departments of Kiva, who have stories to tell and experiences to share!

Our first letter comes from Claire Primack. She recently finished six months at the Portland office as a New Media and Branding intern. Now, she's moving to New York City to work full-time in the field of visual design.


____
...

Continue Reading >>
Jan 1, 2020 KV Kiva HQ

What an awe-inspiring holiday season we had here at Kiva — and it was all thanks to you, the heartbeat of the Kiva community! We want to highlight and share the global impact you’ve made over the past month.

 
 

First of all, we had a record-breaking Giving Tuesday on December 3! We’re so humbled by how many individuals chose to give. The generous contributions of 20,000 individual people will go towards a number of impactful places:

-...

Continue Reading >>
Dec 12, 2019 KV Kiva HQ

Jeremy Jue is our Kiva Media Fellow based in Africa. He takes us on his journey through the continent meeting Kiva borrowers and gives us a front row seat to Kiva's impact in the field. It's well worth a watch. Thanks, Jeremy!


Want to contribute to the impactful work Jeremy and other Kiva fellows and employees do every day across the...

Continue Reading >>
Dec 12, 2019 KV Kiva HQ

Jeff Nelson started his journey with Kiva as a Fellow and now works full-time as a staff accountant at our Portland office. He's passionate about holistic community development in marginalized urban contexts, as you can read below!

Growing up in the Minnesota suburbs, my parents always encouraged me to look out for the "little guy." In college, I recognized that the "little guy" made up the majority of the world and likely lived outside the US. After graduating, I spent two years in some rough Central American neighborhoods...

Continue Reading >>
Dec 12, 2019 KV Kiva HQ

Hola Kivans,

My time in Peru is ending and after listening to so many inspiring stories throughout this beautiful country the last two months, I can’t help but want to share with you some of the insights I’ve personally learned.

If you’re wondering, “Who is she?” My name is Idania Ramirez and I’m a Kiva Media Fellow who is traveling throughout Latin America to capture the stories of the people YOU are helping, with the goal of transmitting the immense impact that is being generated.
 

...
Continue Reading >>
Dec 12, 2019 KV Kiva HQ

As a new or frequent lender, there may be times when you’re confused about the process of Kiva loans.

Well, we have answers!

The life of a loan starts with the borrower’s application. Kiva loan applications are facilitated in two ways, by Field Partners (partner loans) and directly by Kiva (direct loans), that enable us to reach the greatest number of people around the world. For most loans outside the United States, borrowers apply to a local Field Partner, a local organization that manages the Kiva loan process. For entrepreneurs in the United States and...

Continue Reading >>
Dec 12, 2019 KV Kiva HQ

For every $1 donated, Kiva can facilitate $8 in loans!

 

We know you come to Kiva to lend — but we rely on optional donations from lenders like you to reach financially excluded people all over the world! Here’s why:



1. A loan is different from a donation!

A loan
is the money you send to our incredible borrowers around the world. These loans change lives for men, women, and children every day. From farmers to students...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Thank you for the impact you’ve made this year! Together we’ve funded more than 170,000 loans and raised more than $120 million for financially excluded people around the world. It costs us more than $3 to facilitate each $25 loan. Since every dollar lent on Kiva goes to the field, we rely on optional donations from individuals like you to cover our operating costs. Every dollar makes an impact on our progress and the borrowers we serve.

But what do your donations really do? Here are just a few highlights from this year that could not have happened...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Welcome to Nehalem, Oregon, a town full of hardworking men and women who have left their office careers for more hands-on work in rough fields and muddy waters. It’s become a Kiva community as well, with borrowers who have taken out loans for everything from irrigation equipment to restaurant renovation.



Nehalem is a small town situated on the northern Oregon coast, just over an hour west of Portland.

 

Patrick Rock, co-owner of local restaurant...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Many dream of becoming leaders and change-makers to create opportunities for others. Obstacles often stand in their way to reach these dreams. They can either stop dreaming or work through them. 

An inspiring young woman from Mombasa, a coastal town in Kenya, journeyed to the United States with a dream to bring prosperity to the world. Since she was a child, Tabitha wanted to become a social leader. 

Tabitha has been living her dream for the past 11 years, gaining experience in diverse sectors. She started her career as a Resource Development...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ
It's been quite a year, and here at Kiva we're taking a moment to reflect on the impact we've made together. 

The impact Kiva has around the world is entirely because of you, and that’s pretty incredible. Your support has enabled us to take what was once a “hopeful corner of the internet” and turn it into a global movement for financial inclusion. 

You have proven that it’s possible to harness the goodwill of the crowd to lift up our neighbors across the globe - and they’re grateful for you, too! 

... Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Do you have a question that isn't answered here? Check out our Help Center here.

How it works

Why is Kiva making this change?
How do I edit my auto-lending settings? 
What constitutes inactive credit? / What do I have to do to keep my account active? 
Will my credit be lent out just once if it becomes inactive, or ongoingly? 
Does this work differently than the existing auto-lending tool? 
Is there a minimum credit balance for auto-lending to take effect?

Customization

Can I set preferences for the loans...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

It’s not easy to take care of animals. They must be fed, sheltered and their health must be monitored on a daily basis.

Vera is a 46-year-old mother of 3 who does just that. She lives in a village with a flawed water drainage system that causes flooding almost every year, as it's below sea level.

Albania is a small country in southeastern Europe's Balkan Peninsula. With a population of more than 2.5 million, many Albanians like Vera are excluded from basic financial access like Vera.

"My cows and pigs were not sleeping well and could not be...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Many of our Kiva borrowers are entrepreneurs who need Kiva microloans to pursue their passions, whether it’s to expand their current business or create a new one. Here at Kiva, we love supporting our past borrowers who have successfully established their businesses thanks to Kiva loans. Read on to learn about all of the ways lenders can continue supporting our borrowers even after they’ve repaid their loans!

 

Apothecary Muse

The perfect cross...
Continue Reading >>
Nov 11, 2019 KV Kiva HQ

When it comes to combining passions, Ben Martin knows what he’s doing. The veteran and winemaker is in his fifth year of owning and operating Dauntless Wine Co., which serves the veteran community by employing veterans and sending proceeds to veteran support groups.

Ben Martin is a veteran who founded, owns and operates Dauntless.

Martin, a Kiva borrower from Forest Grove, Oregon, is excited about the future of veterans in the winemaking community.

“There's just something about it...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

California Governor Gavin Newsom works in a situation room dealing with the rapidly-increasing fires in the state.

In the United States, Kiva provides entrepreneurs access to 0% interest, no-fee loans up to $10,000. Because these loans on Kiva are backed by Kiva’s community of impact-driven lenders, Kiva is able to work with some of the highest impact clients that typically are overlooked by traditional lenders.

In the past several months, Kiva has been building strategic...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Kiva is going mobile!

Meet the mobile app developers of the Kiva office in Portland. Android developer Brian Plummer, senior iOS and Android developer Zachary Heusinkveld, Android engineer Morgan Lutz and lead mobile software engineer Eric Jensen are making magic happen for Kiva’s brand new mobile app, rolling out next spring.

Interview conducted by Casey Miller and photographed by Claire Primack.



...
Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Victor Manuale made an income for the first time when he was 13. His first client was a woman in Barranquilla, Colombia. She asked him to pick some honey for her from a nearby town called Carmen de Bolivar. 

Ever since then, Victor has been transporting natural products from Carmen de Bolivar to Barranquilla.

Victor went through many obstacles in his career, including when his brother-in-law fell ill and was unable to help him with the business. Victor had to work overtime. 

“My advice for others in this type of...

Continue Reading >>
Oct 10, 2019 KV Kiva HQ

You probably hear a lot of inspiring individual borrower stories from us, but our Higher Impact series takes you behind the scenes to catch a glimpse of the impact our Field Partners are making in their regional communities.

This installment comes from our Labs Partnerships Manager, Michelle Schenck. Below she delves into our Kiva Labs program, in collaboration with the Mastercard Foundation. Rather than financing microfinance organizations, Labs provides crowd-sourced, risk-tolerant capital to new, innovative organizations making a...

Continue Reading >>
Oct 10, 2019 KV Kiva HQ

Meet our featured lender, Jacqueline Prester! Mrs. Prester is a business teacher and instructional technology specialist at Mansfield High School in Massachusetts. She’s been nationally recognized for her contributions to education in the areas of technology integration, financial literacy, entrepreneurship, and STEM. 

Mrs. Prester’s entrepreneurship class is very special to us because of its massive contributions to Kiva loans! Each year, high school students research different loan applications on Kiva.org and decide which loans to spend their class funds...

Continue Reading >>
Oct 10, 2019 KV Kiva HQ

“As a kid, I saw the majority of people cultivate coca.” - Jarver Gonzales, Cacao Farmer
Life as a Cocalero

Like thousands of children in the northern jungle of Peru, Jarver Gonzales and Jorge Luis Trujillo both grew up seeing their fathers cultivate coca leaves, the plant used to make cocaine.

To many, coca was their respite from poverty. In the 1980’s and 1990’s, it was the only...

Continue Reading >>
Oct 10, 2019 KV Kiva HQ

Kofi Friar is the I.T. manager at Kiva. He’s been at the company for over 2 years and continues to demonstrate his Kiva passion every day! It also helps that his pup, Ninja, is everyone’s favorite office dog! 

Interview conducted by Casey Miller and photographed by Claire Primack.

Fun fact: Kofi has a passion for fashion, and designed the shirt you see in his interview photos.
Around the...
Continue Reading >>
Oct 10, 2019 KV Kiva HQ

Suzana doesn’t let her heart condition stop her from providing for her family. She wants to make sure her family is provided with all their basic needs.

Suzana is one of 2,500 ethnically Egyptian people in Albania. As a minority, this community is financially marginalized and members often have difficulty accessing loans and proper health care.

Working is difficult for Suzana because she suffers from a heart condition. However, she has been able to provide for her family by growing crops on a small plot of her family’s land.

Suzana wanted to...

Continue Reading >>

Pages

Blog posts tagged with lending

Jan 1, 2020 KV Kiva HQ

Albalibia providing her hair salon services in her home in Itagui, Colombia.
 

It was 12 a.m. Albalibia’s feet were tired from selling cell phone minutes on the street all day when she arrived to find the door to her room knocked down on the floor. Most of her belongings were gone and the few that were left were destroyed and scattered all over the house where she was renting a room.

She went from a tired and defenseless state of mind after a long day of work...

Continue Reading >>
Jan 1, 2020 KV Kiva HQ

The problem

Camping with friends is always a fun activity, but building the bonfire is sometimes challenging. The smoke can get in your eyes, wooden splinters can piece your hands, coughs and minor burns can keep you up past midnight.

For many people who don't have access to adequate cooking stoves or heaters, this is their daily life. According to a study by National Geographic, 3 billion people around the world cook over open fires, and the consequences can be deadly. We’re talking about...

Continue Reading >>
Jan 1, 2020 KV Kiva HQ

 

"Letters from an Intern" is a new series on the Kiva Blog that comes out at the beginning of every month. We aim to feature interns across all departments of Kiva, who have stories to tell and experiences to share!

Our first letter comes from Claire Primack. She recently finished six months at the Portland office as a New Media and Branding intern. Now, she's moving to New York City to work full-time in the field of visual design.


____
...

Continue Reading >>
Jan 1, 2020 KV Kiva HQ

What an awe-inspiring holiday season we had here at Kiva — and it was all thanks to you, the heartbeat of the Kiva community! We want to highlight and share the global impact you’ve made over the past month.

 
 

First of all, we had a record-breaking Giving Tuesday on December 3! We’re so humbled by how many individuals chose to give. The generous contributions of 20,000 individual people will go towards a number of impactful places:

-...

Continue Reading >>
Dec 12, 2019 KV Kiva HQ

Jeremy Jue is our Kiva Media Fellow based in Africa. He takes us on his journey through the continent meeting Kiva borrowers and gives us a front row seat to Kiva's impact in the field. It's well worth a watch. Thanks, Jeremy!


Want to contribute to the impactful work Jeremy and other Kiva fellows and employees do every day across the...

Continue Reading >>
Dec 12, 2019 KV Kiva HQ

Jeff Nelson started his journey with Kiva as a Fellow and now works full-time as a staff accountant at our Portland office. He's passionate about holistic community development in marginalized urban contexts, as you can read below!

Growing up in the Minnesota suburbs, my parents always encouraged me to look out for the "little guy." In college, I recognized that the "little guy" made up the majority of the world and likely lived outside the US. After graduating, I spent two years in some rough Central American neighborhoods...

Continue Reading >>
Dec 12, 2019 KV Kiva HQ

Hola Kivans,

My time in Peru is ending and after listening to so many inspiring stories throughout this beautiful country the last two months, I can’t help but want to share with you some of the insights I’ve personally learned.

If you’re wondering, “Who is she?” My name is Idania Ramirez and I’m a Kiva Media Fellow who is traveling throughout Latin America to capture the stories of the people YOU are helping, with the goal of transmitting the immense impact that is being generated.
 

...
Continue Reading >>
Dec 12, 2019 KV Kiva HQ
By Casey Miller

As a new or frequent lender, there may be times when you’re confused about the process of Kiva loans.

Well, we have answers!

The life of a loan starts with the borrower’s application. Kiva loan applications are facilitated in two ways, by Field Partners (partner loans) and directly by Kiva (direct loans), that enable us to reach the greatest number of people around the world. For most loans outside the United States, borrowers apply to a local Field Partner, a local organization that manages the Kiva loan process. For entrepreneurs in the United States and...

Continue Reading >>
Dec 12, 2019 KV Kiva HQ

For every $1 donated, Kiva can facilitate $8 in loans!

 

We know you come to Kiva to lend — but we rely on optional donations from lenders like you to reach financially excluded people all over the world! Here’s why:



1. A loan is different from a donation!

A loan
is the money you send to our incredible borrowers around the world. These loans change lives for men, women, and children every day. From farmers to students...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Thank you for the impact you’ve made this year! Together we’ve funded more than 170,000 loans and raised more than $120 million for financially excluded people around the world. It costs us more than $3 to facilitate each $25 loan. Since every dollar lent on Kiva goes to the field, we rely on optional donations from individuals like you to cover our operating costs. Every dollar makes an impact on our progress and the borrowers we serve.

But what do your donations really do? Here are just a few highlights from this year that could not have happened...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Welcome to Nehalem, Oregon, a town full of hardworking men and women who have left their office careers for more hands-on work in rough fields and muddy waters. It’s become a Kiva community as well, with borrowers who have taken out loans for everything from irrigation equipment to restaurant renovation.



Nehalem is a small town situated on the northern Oregon coast, just over an hour west of Portland.

 

Patrick Rock, co-owner of local restaurant...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Many dream of becoming leaders and change-makers to create opportunities for others. Obstacles often stand in their way to reach these dreams. They can either stop dreaming or work through them. 

An inspiring young woman from Mombasa, a coastal town in Kenya, journeyed to the United States with a dream to bring prosperity to the world. Since she was a child, Tabitha wanted to become a social leader. 

Tabitha has been living her dream for the past 11 years, gaining experience in diverse sectors. She started her career as a Resource Development...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ
It's been quite a year, and here at Kiva we're taking a moment to reflect on the impact we've made together. 

The impact Kiva has around the world is entirely because of you, and that’s pretty incredible. Your support has enabled us to take what was once a “hopeful corner of the internet” and turn it into a global movement for financial inclusion. 

You have proven that it’s possible to harness the goodwill of the crowd to lift up our neighbors across the globe - and they’re grateful for you, too! 

... Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Do you have a question that isn't answered here? Check out our Help Center here.

How it works

Why is Kiva making this change?
How do I edit my auto-lending settings? 
What constitutes inactive credit? / What do I have to do to keep my account active? 
Will my credit be lent out just once if it becomes inactive, or ongoingly? 
Does this work differently than the existing auto-lending tool? 
Is there a minimum credit balance for auto-lending to take effect?

Customization

Can I set preferences for the loans...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

It’s not easy to take care of animals. They must be fed, sheltered and their health must be monitored on a daily basis.

Vera is a 46-year-old mother of 3 who does just that. She lives in a village with a flawed water drainage system that causes flooding almost every year, as it's below sea level.

Albania is a small country in southeastern Europe's Balkan Peninsula. With a population of more than 2.5 million, many Albanians like Vera are excluded from basic financial access like Vera.

"My cows and pigs were not sleeping well and could not be...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Many of our Kiva borrowers are entrepreneurs who need Kiva microloans to pursue their passions, whether it’s to expand their current business or create a new one. Here at Kiva, we love supporting our past borrowers who have successfully established their businesses thanks to Kiva loans. Read on to learn about all of the ways lenders can continue supporting our borrowers even after they’ve repaid their loans!

 

Apothecary Muse

The perfect cross...
Continue Reading >>
Nov 11, 2019 KV Kiva HQ

When it comes to combining passions, Ben Martin knows what he’s doing. The veteran and winemaker is in his fifth year of owning and operating Dauntless Wine Co., which serves the veteran community by employing veterans and sending proceeds to veteran support groups.

Ben Martin is a veteran who founded, owns and operates Dauntless.

Martin, a Kiva borrower from Forest Grove, Oregon, is excited about the future of veterans in the winemaking community.

“There's just something about it...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

California Governor Gavin Newsom works in a situation room dealing with the rapidly-increasing fires in the state.

In the United States, Kiva provides entrepreneurs access to 0% interest, no-fee loans up to $10,000. Because these loans on Kiva are backed by Kiva’s community of impact-driven lenders, Kiva is able to work with some of the highest impact clients that typically are overlooked by traditional lenders.

In the past several months, Kiva has been building strategic...

Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Kiva is going mobile!

Meet the mobile app developers of the Kiva office in Portland. Android developer Brian Plummer, senior iOS and Android developer Zachary Heusinkveld, Android engineer Morgan Lutz and lead mobile software engineer Eric Jensen are making magic happen for Kiva’s brand new mobile app, rolling out next spring.

Interview conducted by Casey Miller and photographed by Claire Primack.



...
Continue Reading >>
Nov 11, 2019 KV Kiva HQ

Victor Manuale made an income for the first time when he was 13. His first client was a woman in Barranquilla, Colombia. She asked him to pick some honey for her from a nearby town called Carmen de Bolivar. 

Ever since then, Victor has been transporting natural products from Carmen de Bolivar to Barranquilla.

Victor went through many obstacles in his career, including when his brother-in-law fell ill and was unable to help him with the business. Victor had to work overtime. 

“My advice for others in this type of...

Continue Reading >>
Oct 10, 2019 KV Kiva HQ

You probably hear a lot of inspiring individual borrower stories from us, but our Higher Impact series takes you behind the scenes to catch a glimpse of the impact our Field Partners are making in their regional communities.

This installment comes from our Labs Partnerships Manager, Michelle Schenck. Below she delves into our Kiva Labs program, in collaboration with the Mastercard Foundation. Rather than financing microfinance organizations, Labs provides crowd-sourced, risk-tolerant capital to new, innovative organizations making a...

Continue Reading >>
Oct 10, 2019 KV Kiva HQ

Meet our featured lender, Jacqueline Prester! Mrs. Prester is a business teacher and instructional technology specialist at Mansfield High School in Massachusetts. She’s been nationally recognized for her contributions to education in the areas of technology integration, financial literacy, entrepreneurship, and STEM. 

Mrs. Prester’s entrepreneurship class is very special to us because of its massive contributions to Kiva loans! Each year, high school students research different loan applications on Kiva.org and decide which loans to spend their class funds...

Continue Reading >>
Oct 10, 2019 KV Kiva HQ

“As a kid, I saw the majority of people cultivate coca.” - Jarver Gonzales, Cacao Farmer
Life as a Cocalero

Like thousands of children in the northern jungle of Peru, Jarver Gonzales and Jorge Luis Trujillo both grew up seeing their fathers cultivate coca leaves, the plant used to make cocaine.

To many, coca was their respite from poverty. In the 1980’s and 1990’s, it was the only...

Continue Reading >>
Oct 10, 2019 KV Kiva HQ

Kofi Friar is the I.T. manager at Kiva. He’s been at the company for over 2 years and continues to demonstrate his Kiva passion every day! It also helps that his pup, Ninja, is everyone’s favorite office dog! 

Interview conducted by Casey Miller and photographed by Claire Primack.

Fun fact: Kofi has a passion for fashion, and designed the shirt you see in his interview photos.
Around the...
Continue Reading >>
Oct 10, 2019 KV Kiva HQ

Suzana doesn’t let her heart condition stop her from providing for her family. She wants to make sure her family is provided with all their basic needs.

Suzana is one of 2,500 ethnically Egyptian people in Albania. As a minority, this community is financially marginalized and members often have difficulty accessing loans and proper health care.

Working is difficult for Suzana because she suffers from a heart condition. However, she has been able to provide for her family by growing crops on a small plot of her family’s land.

Suzana wanted to...

Continue Reading >>

Pages