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
Cambodia, Myanmar, Thailand
Unlocking the leadership potential of women in Asia
Who are they?
Wedu selects women with interest in becoming change-makers in their communities and provides lifelong mentorship and affordable financial support to complete higher education. Instead of a conventional loan, Wedu borrowers on Kiva agree to repay the financial support through a Future Income Sharing Agreement (FISA). With FISAs, students receive funding now and repay the investment only after they have found employment.
You’ll love them if… you want to increase access to education and support the growth of women leaders.
Learn more at: kiva.org/partners/372
Ejido Verde Reserves
Providing tools for forest-dwelling communities to emerge from poverty and helping the environment
Who are they?
Ever wondered what it’s like to be a Kiva Fellow? What sites do they see, what do they eat, and what is it like where they are? Kiva’s 24th class of fellows departed for their different locations around the world back in May of this year, and for many their time in the field has recently come to a close. Here are some of our favorite moments from the field to give you a taste of what these fellows have been up to:
Kiva Fellow Ayse Sabuncu stood at a landmark beauty, Victoria Falls, or Mosi-oa-Tunya in the local dialect of Tonga, meaning “ the smoke that thunders.”
Kiva Zip Fellow Nina Patel took in the beautiful colors of a traditional Kenyan market, including the grains and legumes of local Zip borrower Esther.