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
On our wish list:
Kiva U is full of passionate students and educators who have come together to learn about the world, take action, and maximize their impact. Check out what these four Kiva U teams did to make a dent in global poverty or improve their communities - you can't help but be inspired!
1. Kiva Kids in Georgia
Eric and Monica work with Kiva's volunteers who do everything from translate loans for the site to visiting borrowers in the field. Our volunteers are truly incredible, and so are Eric and Monica!
Q&A with Eric Brandt, Senior Manager of the Kiva Fellow Program
What do you do at Kiva?
I manage the Kiva Fellows Program. Every year, we recruit, screen, and train around 100 volunteer fellows to serve with our Field Partners around the world.
What part of your job do you enjoy most?