Microfinance is the practice of making financial services available to the poorest people in the world earning about $ 1 per day who do not have access to typical banking services.
By helping the active poor who make $1.25 per day and have the desire to help themselves, small amounts of money can go a long way in making them self-sufficient.
When jobs are created people survive on their own as their self-esteem and outlook on life improve dramatically. The income generated from their new businesses allows once poor families to begin to fulfill basic needs transforming one life at a time as each person escapes the tragedies of poverty.
In the next 10 minutes, 50 people will die from hunger. Our Mission is to Make an Impact by Investing and Transforming the Life of An Entrepreneur
Field Partner Testimonials
Take us there: Don't like crowds? Check out these under-the-radar destinations.
Tiger adventure: Little boy's lost toy gets a tour of Tampa.
Carly Schwartz | Mexico City, Mexico
“Two guys ran into the middle of the largest, busiest thoroughfare, Avenida de los Insurgentes in Mexico City, to perform and solicit donations every time there’s a red light.”
Supharin Chatt | Bay Area, United States
“Randomly running into a Kiva Zip borrower serving her signature Chino Latino beverages with the biggest and most genuine smile!”
Laura Joy | Colombia
“Hearing this borrower excitedly talk about his workshop and passion for making traditional wooden toys like this spinning top!”
It's been an amazing trip. So in the spirit of those celebrating Father's Day in more than 75 countries around the world this weekend, I wanted to share the story of one inspiring father we met.
Antonio invited us into his home and introduced us to his darling wife, Rosa, their 3 daughters & 2 grandchildren who he calls the “light of his life.” He then proceeded to make us all gifts on the machine he purchased with a Kiva loan in his adjoining shop. Antonio makes traditional wooden street toys and explained that the machine increased his sales by almost double. He glowed with pride and gratitude as he showed us his craft.
Kiva U’s very first video game is live! The interactive game can be played for free, online, with the goal of enabling younger audiences to learn more about microfinance. It helps middle school and high school students understand the microfinance lending cycle, the difference between loans and donations, and more about the main loan uses of Kiva borrowers.
It’s the latest project from Kiva U, which brings together over 69,000 students and teachers in a community where they can access tools and resources to raise awareness in their own communities, connect learning to impact, and create opportunity for people around the world.
Kiva U’s Jessica Hansen guided the development of the game, which was built by Kiva engineer Joshua Kiwiet-Pantaleoni, because more and more educators are using the fun, engaging elements of online games to get students more involved with subject matter. This new Kiva U game acts as an interactive tool to reinforce lessons about microfinance and take students around the world to Kiva borrowers in the field.
The Kiva U game starts off with a selection of borrowers, similar to the beginning stages of choosing a loan on Kiva.org.