Kiva
kiva.orgLend as little as $25 to create a more equitable world.
Finance & Fintechmicrolendingsocial-impactcrowdfundingnonprofitfinancial-inclusionloansentrepreneurship
About
Kiva is the world's first online microlending platform that connects lenders with entrepreneurs and individuals in need around the globe. For as little as $25, anyone can fund a loan to help a borrower start or grow a business, and repaid funds can be relent to help additional people. The platform focuses on underserved communities and those lacking access to traditional credit.
Problem
Entrepreneurs and individuals in underserved communities lack access to affordable credit needed to start or grow their businesses.
For
Individuals who want to make a positive social impact by lending small amounts to entrepreneurs worldwide
How it works
Lenders contribute as little as $25 toward borrower loan requests on the platform; as loans are repaid, lenders can withdraw or relend their funds to support more people.
Business model
free
Status
launched
Company
Kiva Microfunds