KIVA Micro Finance

SDG 1: No PovertySDG 8: Decent work and economic growth
  • Year: 2007
  • Award: World Summit Award
  • Category: Uncategorized
  • Organisation: Kiva Microfunds
  • Country: United States of America
  • URL: http://www.kiva.org

Kiva.org is a non-profit web site revolutionizing the fight against global poverty by enabling socially-conscious internet users to connect with and make personal loans to low-income entrepreneurs in the developing world. An exceptional social software solution, Kiva acts as the world’s first person-to-person lending marketplace for the poor. Anyone can make a direct loan of as little as $25 to someone in a developing country. This affordable capital helps low income entrepreneurs start or expand their small businesses, creating a path towards economic self sufficiency. Specifically, Kiva.org has developed also a program that will accelerate the growth of microfinance institutions through the use of accounting software.