Kiva

Kiva Launches Experimental Direct Microfinance Website

Kiva has launched an experimental website, called Kiva Zip, which will directly facilitate peer-to-peer microfinance loans between lenders and entrepreneurs. Kiva’s original model relies on the use of microfinance institutions, often referred to as MFIs, which serve as intermediaries. MFIs typically serve as a contact person on the ground for a borrower, facilitating the loan [...]

Kiva Celebrates 6 Year Anniversary, Facilitates $250 Million in Microloans

Kiva, a non-profit that facilitates microloans to entrepreneurs in developing countries, is celebrating its sixth year of operations this month. The company has now setup more than $250 million in business development loans. Here’s a press release Kiva issued to commemorate its anniversary: SAN FRANCISCO, CA, Oct 19, 2011 (MARKETWIRE via COMTEX) — From a [...]

Kiva.org and Visa Partner on U.S. Small Business Loans

Visa inc. (NYSE:V) and Kiva.org have partnered in a program, referred to as Kiva City, aiming at expanding credit opportunities for small businesses in the United States. The new initiative was announced by former President Bill Clinton last week on stage at the Clinton Global Initiative America conference in Chicago. The Kiva City initiative aims [...]

Kiva Now Offering Green Energy Loans to Entrepreneurs in Developing Countries

Kiva, a non-profit organization that sets up peer-to-peer microfinance loans, is now offering “green loans” to help borrowers adopt cleaner and safer forms of energy, implement green agriculture techniques and adopt environmentally friendly forms of transportation and recycling. Borrowers are seeking green loans on Kiva for very diverse reasons. International farmers are seeking loans to [...]

Kiva Reaches $200 Million in Microfinance Loans

Kiva.org, a non-profit which facilitates microfinance loans to entrepreneurs in developing countries, announced that it had setup more than $200 million in loans to entrepreneurs across the globe. The milestone comes just twelve months after the non-profit hit the $100 million mark in facilitated loans. The microfinance non-profit has seen significant growth since its launch [...]

The Best of P2P Lending Community Content

What is it about social lending that inspires people to write music and create videos promoting their favorite services? Okay, sometimes it’s just cold, hard cash, as in Lending Club’s $3,000 or Zopa UK’s £500 prizes for the top video posted on YouTube, or it’s a trip around the world, as with Zopa Italy’s launch-focused [...]

Kiva Launches Lending to U.S. Borrowers

Microlending darling Kiva has announced today that they will start allowing lenders to fund loans to Americans. Although Kiva has facilitated over $75 million in loans to entrepreneurs (Kiva calls them “the working poor”) in developing nations since 2005, this is the first time that American residents have been able to take advantage of the [...]