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
So what can you expect from this new loan finding experience?
Loans are grouped into categories: In the new design we now prominently feature categories such as Expiring Soon and Agriculture loans. The categories are a mix of lender favorites and some curated by Kiva staff. When you click through you’ll be able to view more loans, read about the category and narrow your search by related keywords and filters.
Kiva Fellow Semone Aye, Myanmar:
Catfish noodle soup? Yes please! Mohinga is a staple in Burmese cuisine, and what many Burmese would call "comfort food." Each region of Myanmar has its own variation of the recipe. #myanmar #chili