Blog posts tagged with loans

Nov 11, 2022 KV Kiva HQ

How can my donations have the most impact?

In addition to helping the causes that matter to you, charitable contributions are a savvy way to save money on your taxes.

Keeping track of what you contribute can earn you a tax deduction on your annual return, depending on how much you donate and which organizations you can include. But there are limits on how much money you can go towards a deduction, and not all charities qualify as tax-deductible.

The rules also differ for...

Continue Reading >>
Nov 11, 2022 KV Kiva HQ
Frans, a lender from the Netherlands, primarily chooses to fund loans that are ending soon.

Thanks to a thriving consulting career and a strong wi-fi connection, Kiva lender Frans lives in and works from a renovated old bakery in Oostrum, a historic town of less than 100 in the Friesland Province of the Netherlands.

“It’s a funny thing to think that a baker could once make a living baking for a hundred people,” muses the business tech consultant over Zoom. “Now...

Continue Reading >>
Nov 11, 2022 KV Kiva HQ
Nathalie actively supports single mothers and eco-friendly farmers through Kiva

As a skipper on an inland European cargo ship, Kiva lender Nathalie has plenty of time to contemplate while she’s at work.

Of course, overseeing the movement of goods around the waterways of Europe requires her utmost attention, but Nathalie often takes the peaceful moments on the ship to think about the state of the world and how she can help make it better for all.

“If I...

Continue Reading >>
Nov 11, 2022 KV Kiva HQ
Kiva borrower Ximena poses with her family. She runs Huitzil Imprts with her husband, Carlos.

In April 2022, Umpqua Bank announced a groundbreaking partnership: The Oregon-based financial institution had launched a managed fund of $1 million to help facilitate 0% interest Kiva US loans to historically underrepresented small businesses owners.

Six months later, Umpqua and Kiva are celebrating the disbursal of that entire million to women and BIPOC entrepreneurs across...

Continue Reading >>
Nov 11, 2022 KV Kiva HQ
Kiva lender Ken has helped fund dreams for women in Southeast Asia.

New Zealand and Southeast Asia are almost a thousand miles apart and contain vastly different cultures. And yet, Kiva lender Ken feels a distinct kinship with Vietnam and Laos, two countries in the South East Asia region.

“Technically speaking, we’re still considered Asia,” says the 74 year-old retired IT project manager from his home in Wellington, NZ.

Continental inclusivity aside,...

Continue Reading >>
Oct 10, 2022 KV Kiva HQ
Neriman purchased a cow with her Kiva loan and sells dairy products at the local market.

Every morning before the sun rises over the Savur district of Turkey’s Mardin province, Neriman mixes fresh hay to feed her cows.

It’s just one of many daily tasks for the 44 year-old mother of nine—she also must make breakfast, ready the smaller children for school, and clean the house—but caring for her livestock is her favorite chore.

This might be because her...

Continue Reading >>
Oct 10, 2022 KV Kiva HQ

This article is a guest post from Eleanor B Hildreth, captain of Kiva’s Climate Pilots lending team. 

Net zero. Everyone's promising to get to net zero. That's when the good you do for our climate balances off the bad — that is, your emissions for the year. 

President Biden pledged that the US federal government would achieve net zero by 2050. China promised to do it by 2060. But as an individual you can likely do it right away by supporting eco-friendly loans on Kiva, like this one from Altech.

Low income countries can leap to the... Continue Reading >>
Oct 10, 2022 KV Kiva HQ
The Altech staff sits on the steps of their DRC office. Altech is the DRC's leading home solar and cookstove social enterprise.

With the goal of bringing affordable, clean energy to rural communities, Kiva Labs announced this month that it will make its biggest loan ever of US $500,000 to Alternative Energy Technologies Group (Altech), the market leader of home solar and clean cookstove distribution in the Democratic Republic of the Congo (DRC).

The DRC is one of the least-electrified...

Continue Reading >>
Oct 10, 2022 KV Kiva HQ
As a single mother, Margarita supports her child and mother. A $1000 loan helped her purchase more ingredients to sell more tortillas.

More than 1.4 billion people around the world remain unbanked—meaning they don’t have access to financial services that can improve their quality of life such as credit, savings accounts and insurance.

Kiva’s approach to microfinance focuses on promoting financial inclusion among these underserved communities, while employing...

Continue Reading >>
Oct 10, 2022 KV Kiva HQ
Through Kiva & Lending Partner Smart Credit, Tatiana was able to grow her agriculture and livestock business.

Much of the work that Kiva does can only be done through our trusted Lending Partners, who perform on-the-ground financial administration for individual borrowers and provide other vital services in their communities.

Here’s more about how—and why—we work with Lending Partners.

Why does Kiva work with Lending Partners?

After Kiva launched the...

Continue Reading >>
Sep 9, 2022 KV Kiva HQ
The TADE employees that help build entrepreneurship in Egypt!

For over 6000 years, people have lived along the western banks of the Nile River in what is now known as Upper Egypt. Cities there thrived during the time of the ancient pharaohs, connected by vibrant culture and a robust system of commerce still admired today.

In more recent times, however, the effects of colonization and political upheaval have left modern Egyptians with high poverty rates and widespread...

Continue Reading >>
Sep 9, 2022 KV Kiva HQ
Thach in Cambodia used a Kiva loan to buy a clean cookstove to build a safer home for her family.

Humanity’s capacity to thrive depends on women. That may seem obvious, given that women and girls comprise half of the population—yet discrepancies persist in earning potential, healthcare access, civil rights, and economic justice for women in every pocket of the planet. These disparaties can be even greater among individuals who identify as gender-diverse or non-binary.

Working to improve gender...

Continue Reading >>
Sep 9, 2022 KV Kiva HQ

Santiago Martin Perez is a weaver. When business is good, he hires neighbors to work with him. With Anderson Caleb (credit officer).
Photo credit: FINCA/Dawn Deeks.
 

Natural disasters, widespread violence, and rampant unemployment are among the causes cited by hundreds of thousands of migrants who have left Guatemala for a better life.

This month, Kiva announced a new deal motivated by the goal of strengthening economic resilience for Guatemalan entrepreneurs and supporting...

Continue Reading >>
Sep 9, 2022 KV Kiva HQ
Kiva US borrower Ximena with her husband Carlos and their two children

When Ximena first came to the U.S. on a student visa, she was terribly homesick.

“I was always missing my family and just everything, my people, my food, everything,” says the Mexico City native, who grew up in the colorful borough of Coyoacán. 

Nine years later, that longing has brought Ximena solace—and success—with a business importing artisanal Mexican goods, a venture that has thrived with the help of a...

Continue Reading >>
Sep 9, 2022 KV Kiva HQ

When you choose a loan on Kiva, or receive a repayment from a borrower, you might see details about currency exchange gains and losses. Here are some helpful details about what that means and why you’re receiving this information:

How does Kiva calculate currency exchange rates?

Currency exchange refers to the amount of local currency that is equivalent to 1 US dollar. Kiva’s currency conversion rates come from XE.com, an online currency exchange provider, which calculates its rates using live, up-to-the-minute mid-market currency rates.

The starting amount...

Continue Reading >>
Sep 9, 2022 KV Kiva HQ

Land is fertile amid the rolling hills of Southern Uganda, a blessing for the people living in Navikale, the oldest refugee settlement in Africa.

The rich soil and plentiful water supply allows Navikale’s tens of thousands of displaced residents to grow food for themselves and their families—including Leoniya, a grandmother of four who fled the horrific political violence in her native Congo several years ago.
 
Like many of Navikale’s refugees, Leoniya began her life in Uganda as a farmer, but soon saw an opportunity to become an entrepreneur. She opened... Continue Reading >>
Sep 9, 2022 KV Kiva HQ

Neriman, a farmer from Turkey, used her loan to support her family of 11.

Like many people in developing countries, Neriman works hard to provide basic needs like food and shelter for her family.

The soft-spoken mother of nine lives in rural Turkey, where the average annual income is less than $20,000. Neriman wanted to work to support her husband, and had thought about borrowing money to provide her with a way to earn an income, but she didn’t have the credit history or collateral to be...

Continue Reading >>
Aug 8, 2022 KV Kiva HQ


Growing up in the Dominican Republic, Kiva lender Eric witnessed firsthand the economic disparity that still plagues this beautiful Caribbean paradise. 

“In school, we used to go on bicycle excursions to the countryside,” he recalls. “Back then, there was nothing in many of the villages, sometimes not even electricity.” 

When a friend introduced him to Kiva in 2005, the first thing he did was seek out a borrower in his home country—and found someone who lived in the village where his grandmother had lived. 

“It...

Continue Reading >>
Aug 8, 2022 KV Kiva HQ

This article was originally published on Next Billion.

As impact investors seek investable opportunities worldwide, their focus includes enterprises and other organizations that both improve their customers' livelihoods and are financially sustainable. To direct their capital effectively and track its impact, these investors typically rely on output measurements, such as total capital invested by theme, or number of people served. This focus on outputs can help inform their investment decisions and reveal the impact of their funding to some degree, but more must...

Continue Reading >>
Aug 8, 2022 KV Kiva HQ

Christopher, an artisan from Ghana, bought more raw materials for his business with the help of a Kiva loan.

Large plumes of banana leaves provide shade over Christopher as he expertly scrapes his knife along a piece of wood, his head bowed in concentration.
 

“Since I took this loan, I've been able to increase [business], my sales have gone up tremendously”

The Ghananian artisan is carving one of his exquisite traditional...

Continue Reading >>
Aug 8, 2022 KV Kiva HQ

It’s hard to imagine creating a positive impact around the globe by simply swinging in a hammock, but Joe Demin and Rachel Connors have made it possible to do just that.

The married co-founders of Yellow Leaf Hammocks sell their comfy, colorful wares using a scalable business model that brings reliable income to the Mlabri and other hill tribes of Thailand’s mountainous northern region—where more than 64 percent of people live below the poverty line.

“I realized if we focused on quality and design first, it could potentially create a sustainable path out of...

Continue Reading >>
Aug 8, 2022 KV Kiva HQ
Growing up working at her family’s funeral home, Kiva U.S. borrower Danielle learned early on that success isn’t just about the numbers.

“My grandmother had a women-owned business that was started in the '20s, and for an African American during that time it was rare,” says Danielle. She always knew that she would one day have a business of her own, and she’s now the founder and owner of Dallas, TX-based home services company, Prepped Place.

“I would answer the phone, ‘Lindsay Funeral Home, this is Danielle,’ literally mimicking everything she did.”

... Continue Reading >>
Jul 7, 2022 KV Kiva HQ

Kiva is happy to share the release of the 60 Decibels Microfinance Index, the world's first microfinance social performance report based entirely on data from the people it serves.

Improved quality of life, increased incomes, better resilience against economic shock—the results confirm the positive social impact of microfinance, with no better source for this information than the clients themselves.

Over 18,000 microfinance customers across 41 countries participated in interviews for the study conducted by 60 Decibels, an independent impact measurement...

Continue Reading >>
Jul 7, 2022 KV Kiva HQ

Updated

Kiva CEO Chris Tsakalakis announced his resignation

A message from Chris

Dear Kiva community,

After much reflection, I’ve made the difficult decision to step down as Kiva’s CEO.

With my departure, Kiva’s Board of Directors will immediately begin a search for the next leader and will implement a transitional leadership plan so that Kiva can continue its mission-driven work to expand financial access to help underserved communities thrive.

Wrestling with these types of decisions is never easy, but I...

Continue Reading >>
Jul 7, 2022 KV Kiva HQ

Meet Alexia and learn how this Kiva lender is supporting women around the world, one loan at a time.



If Kiva lender Alexia had it her way, she’d give away money for a living. 

“I’ve always said God made a mistake, I was born to be a full-time philanthropist,” laughs the Charleston, S.C.-based attorney.

While not everyone gets to be Mackenzie Scott, Alexia has been assuaging her charitable impulses for over a decade as part of the Savannah Widow’s Society, a historic organization that distributes microgrants to...

Continue Reading >>

Pages

Blog posts tagged with loans

Nov 11, 2022 KV Kiva HQ
By Jessica Leigh Lebos

How can my donations have the most impact?

In addition to helping the causes that matter to you, charitable contributions are a savvy way to save money on your taxes.

Keeping track of what you contribute can earn you a tax deduction on your annual return, depending on how much you donate and which organizations you can include. But there are limits on how much money you can go towards a deduction, and not all charities qualify as tax-deductible.

The rules also differ for...

Continue Reading >>
Nov 11, 2022 KV Kiva HQ
Frans, a lender from the Netherlands, primarily chooses to fund loans that are ending soon.

Thanks to a thriving consulting career and a strong wi-fi connection, Kiva lender Frans lives in and works from a renovated old bakery in Oostrum, a historic town of less than 100 in the Friesland Province of the Netherlands.

“It’s a funny thing to think that a baker could once make a living baking for a hundred people,” muses the business tech consultant over Zoom. “Now...

Continue Reading >>
Nov 11, 2022 KV Kiva HQ
Nathalie actively supports single mothers and eco-friendly farmers through Kiva

As a skipper on an inland European cargo ship, Kiva lender Nathalie has plenty of time to contemplate while she’s at work.

Of course, overseeing the movement of goods around the waterways of Europe requires her utmost attention, but Nathalie often takes the peaceful moments on the ship to think about the state of the world and how she can help make it better for all.

“If I...

Continue Reading >>
Nov 11, 2022 KV Kiva HQ
Kiva borrower Ximena poses with her family. She runs Huitzil Imprts with her husband, Carlos.

In April 2022, Umpqua Bank announced a groundbreaking partnership: The Oregon-based financial institution had launched a managed fund of $1 million to help facilitate 0% interest Kiva US loans to historically underrepresented small businesses owners.

Six months later, Umpqua and Kiva are celebrating the disbursal of that entire million to women and BIPOC entrepreneurs across...

Continue Reading >>
Nov 11, 2022 KV Kiva HQ
Kiva lender Ken has helped fund dreams for women in Southeast Asia.

New Zealand and Southeast Asia are almost a thousand miles apart and contain vastly different cultures. And yet, Kiva lender Ken feels a distinct kinship with Vietnam and Laos, two countries in the South East Asia region.

“Technically speaking, we’re still considered Asia,” says the 74 year-old retired IT project manager from his home in Wellington, NZ.

Continental inclusivity aside,...

Continue Reading >>
Oct 10, 2022 KV Kiva HQ
Neriman purchased a cow with her Kiva loan and sells dairy products at the local market.

Every morning before the sun rises over the Savur district of Turkey’s Mardin province, Neriman mixes fresh hay to feed her cows.

It’s just one of many daily tasks for the 44 year-old mother of nine—she also must make breakfast, ready the smaller children for school, and clean the house—but caring for her livestock is her favorite chore.

This might be because her...

Continue Reading >>
Oct 10, 2022 KV Kiva HQ

This article is a guest post from Eleanor B Hildreth, captain of Kiva’s Climate Pilots lending team. 

Net zero. Everyone's promising to get to net zero. That's when the good you do for our climate balances off the bad — that is, your emissions for the year. 

President Biden pledged that the US federal government would achieve net zero by 2050. China promised to do it by 2060. But as an individual you can likely do it right away by supporting eco-friendly loans on Kiva, like this one from Altech.

Low income countries can leap to the... Continue Reading >>
Oct 10, 2022 KV Kiva HQ
The Altech staff sits on the steps of their DRC office. Altech is the DRC's leading home solar and cookstove social enterprise.

With the goal of bringing affordable, clean energy to rural communities, Kiva Labs announced this month that it will make its biggest loan ever of US $500,000 to Alternative Energy Technologies Group (Altech), the market leader of home solar and clean cookstove distribution in the Democratic Republic of the Congo (DRC).

The DRC is one of the least-electrified...

Continue Reading >>
Oct 10, 2022 KV Kiva HQ
As a single mother, Margarita supports her child and mother. A $1000 loan helped her purchase more ingredients to sell more tortillas.

More than 1.4 billion people around the world remain unbanked—meaning they don’t have access to financial services that can improve their quality of life such as credit, savings accounts and insurance.

Kiva’s approach to microfinance focuses on promoting financial inclusion among these underserved communities, while employing...

Continue Reading >>
Oct 10, 2022 KV Kiva HQ
By Jessica Leigh Lebos
Through Kiva & Lending Partner Smart Credit, Tatiana was able to grow her agriculture and livestock business.

Much of the work that Kiva does can only be done through our trusted Lending Partners, who perform on-the-ground financial administration for individual borrowers and provide other vital services in their communities.

Here’s more about how—and why—we work with Lending Partners.

Why does Kiva work with Lending Partners?

After Kiva launched the...

Continue Reading >>
Sep 9, 2022 KV Kiva HQ
The TADE employees that help build entrepreneurship in Egypt!

For over 6000 years, people have lived along the western banks of the Nile River in what is now known as Upper Egypt. Cities there thrived during the time of the ancient pharaohs, connected by vibrant culture and a robust system of commerce still admired today.

In more recent times, however, the effects of colonization and political upheaval have left modern Egyptians with high poverty rates and widespread...

Continue Reading >>
Sep 9, 2022 KV Kiva HQ
Thach in Cambodia used a Kiva loan to buy a clean cookstove to build a safer home for her family.

Humanity’s capacity to thrive depends on women. That may seem obvious, given that women and girls comprise half of the population—yet discrepancies persist in earning potential, healthcare access, civil rights, and economic justice for women in every pocket of the planet. These disparaties can be even greater among individuals who identify as gender-diverse or non-binary.

Working to improve gender...

Continue Reading >>
Sep 9, 2022 KV Kiva HQ

Santiago Martin Perez is a weaver. When business is good, he hires neighbors to work with him. With Anderson Caleb (credit officer).
Photo credit: FINCA/Dawn Deeks.
 

Natural disasters, widespread violence, and rampant unemployment are among the causes cited by hundreds of thousands of migrants who have left Guatemala for a better life.

This month, Kiva announced a new deal motivated by the goal of strengthening economic resilience for Guatemalan entrepreneurs and supporting...

Continue Reading >>
Sep 9, 2022 KV Kiva HQ
Kiva US borrower Ximena with her husband Carlos and their two children

When Ximena first came to the U.S. on a student visa, she was terribly homesick.

“I was always missing my family and just everything, my people, my food, everything,” says the Mexico City native, who grew up in the colorful borough of Coyoacán. 

Nine years later, that longing has brought Ximena solace—and success—with a business importing artisanal Mexican goods, a venture that has thrived with the help of a...

Continue Reading >>
Sep 9, 2022 KV Kiva HQ

When you choose a loan on Kiva, or receive a repayment from a borrower, you might see details about currency exchange gains and losses. Here are some helpful details about what that means and why you’re receiving this information:

How does Kiva calculate currency exchange rates?

Currency exchange refers to the amount of local currency that is equivalent to 1 US dollar. Kiva’s currency conversion rates come from XE.com, an online currency exchange provider, which calculates its rates using live, up-to-the-minute mid-market currency rates.

The starting amount...

Continue Reading >>
Sep 9, 2022 KV Kiva HQ

Land is fertile amid the rolling hills of Southern Uganda, a blessing for the people living in Navikale, the oldest refugee settlement in Africa.

The rich soil and plentiful water supply allows Navikale’s tens of thousands of displaced residents to grow food for themselves and their families—including Leoniya, a grandmother of four who fled the horrific political violence in her native Congo several years ago.
 
Like many of Navikale’s refugees, Leoniya began her life in Uganda as a farmer, but soon saw an opportunity to become an entrepreneur. She opened... Continue Reading >>
Sep 9, 2022 KV Kiva HQ

Neriman, a farmer from Turkey, used her loan to support her family of 11.

Like many people in developing countries, Neriman works hard to provide basic needs like food and shelter for her family.

The soft-spoken mother of nine lives in rural Turkey, where the average annual income is less than $20,000. Neriman wanted to work to support her husband, and had thought about borrowing money to provide her with a way to earn an income, but she didn’t have the credit history or collateral to be...

Continue Reading >>
Aug 8, 2022 KV Kiva HQ


Growing up in the Dominican Republic, Kiva lender Eric witnessed firsthand the economic disparity that still plagues this beautiful Caribbean paradise. 

“In school, we used to go on bicycle excursions to the countryside,” he recalls. “Back then, there was nothing in many of the villages, sometimes not even electricity.” 

When a friend introduced him to Kiva in 2005, the first thing he did was seek out a borrower in his home country—and found someone who lived in the village where his grandmother had lived. 

“It...

Continue Reading >>
Aug 8, 2022 KV Kiva HQ

This article was originally published on Next Billion.

As impact investors seek investable opportunities worldwide, their focus includes enterprises and other organizations that both improve their customers' livelihoods and are financially sustainable. To direct their capital effectively and track its impact, these investors typically rely on output measurements, such as total capital invested by theme, or number of people served. This focus on outputs can help inform their investment decisions and reveal the impact of their funding to some degree, but more must...

Continue Reading >>
Aug 8, 2022 KV Kiva HQ

Christopher, an artisan from Ghana, bought more raw materials for his business with the help of a Kiva loan.

Large plumes of banana leaves provide shade over Christopher as he expertly scrapes his knife along a piece of wood, his head bowed in concentration.
 

“Since I took this loan, I've been able to increase [business], my sales have gone up tremendously”

The Ghananian artisan is carving one of his exquisite traditional...

Continue Reading >>
Aug 8, 2022 KV Kiva HQ

It’s hard to imagine creating a positive impact around the globe by simply swinging in a hammock, but Joe Demin and Rachel Connors have made it possible to do just that.

The married co-founders of Yellow Leaf Hammocks sell their comfy, colorful wares using a scalable business model that brings reliable income to the Mlabri and other hill tribes of Thailand’s mountainous northern region—where more than 64 percent of people live below the poverty line.

“I realized if we focused on quality and design first, it could potentially create a sustainable path out of...

Continue Reading >>
Aug 8, 2022 KV Kiva HQ
Growing up working at her family’s funeral home, Kiva U.S. borrower Danielle learned early on that success isn’t just about the numbers.

“My grandmother had a women-owned business that was started in the '20s, and for an African American during that time it was rare,” says Danielle. She always knew that she would one day have a business of her own, and she’s now the founder and owner of Dallas, TX-based home services company, Prepped Place.

“I would answer the phone, ‘Lindsay Funeral Home, this is Danielle,’ literally mimicking everything she did.”

... Continue Reading >>
Jul 7, 2022 KV Kiva HQ

Kiva is happy to share the release of the 60 Decibels Microfinance Index, the world's first microfinance social performance report based entirely on data from the people it serves.

Improved quality of life, increased incomes, better resilience against economic shock—the results confirm the positive social impact of microfinance, with no better source for this information than the clients themselves.

Over 18,000 microfinance customers across 41 countries participated in interviews for the study conducted by 60 Decibels, an independent impact measurement...

Continue Reading >>
Jul 7, 2022 KV Kiva HQ

Updated

Kiva CEO Chris Tsakalakis announced his resignation

A message from Chris

Dear Kiva community,

After much reflection, I’ve made the difficult decision to step down as Kiva’s CEO.

With my departure, Kiva’s Board of Directors will immediately begin a search for the next leader and will implement a transitional leadership plan so that Kiva can continue its mission-driven work to expand financial access to help underserved communities thrive.

Wrestling with these types of decisions is never easy, but I...

Continue Reading >>
Jul 7, 2022 KV Kiva HQ

Meet Alexia and learn how this Kiva lender is supporting women around the world, one loan at a time.



If Kiva lender Alexia had it her way, she’d give away money for a living. 

“I’ve always said God made a mistake, I was born to be a full-time philanthropist,” laughs the Charleston, S.C.-based attorney.

While not everyone gets to be Mackenzie Scott, Alexia has been assuaging her charitable impulses for over a decade as part of the Savannah Widow’s Society, a historic organization that distributes microgrants to...

Continue Reading >>

Pages

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