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
Caroline captures an amazing sunset in Bali.
Nadia finds figs-a-plenty in Jordan.
Kiva Fellow Adam meets with Robert and learns the ins and outs of beekeeping in a big city.
Presh rushes into the classroom a few minutes after the lunch bell rings, with an ice pack in one hand and a textbook in the other. She apologizes for running late; she had to visit the trainer to deal with a cross-country injury and then got sidetracked discussing political action committees with her social studies teacher. But Presh is more than just a busy high school senior; Presh is also on a mission to use microfinance to change the world.
Kiva is thrilled to announce the addition of John Muller, PayPal's Vice President of Global Payments Policy, to our Board of Directors.
John brings deep legal and regulatory expertise to the team and a true passion for Kiva’s mission. At PayPal, he served as General Counsel and Vice President of Legal before taking on his new role.