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
Martin comes to Kiva after 12 years with eBay, most recently as the Vice President and General Manager of eBay Advertising. At eBay, he worked to build and grow marketplace and e-commerce businesses in 20 countries, with a consistent track record of success in a wide range of markets.
Martin is one of a handful of executives in the world that has amassed such expertise working with consumer internet businesses, from startup to scale up. He will now bring this expertise to the social good space, and is dedicated to using his knowledge to help grow the Kiva community in service of the organization’s vision and mission.
Kiva’s loans come in all shapes, sizes and languages. Lucky for us, there’s a team of hard- working multilingual volunteers on Kiva’s Review and Translation (RTP) team who make it possible for us to get these loans onto the site!
Kiva partners operate in five languages (English, French, Spanish, Portuguese, and Russian) and we rely on an enormous network of volunteers to help review and translate loans so they can be published to our site in English while preserving the original author’s voice and tone.
There are few things as universal as a mother’s love. Kiva loans support a hugely diverse range of borrowers, hailing from over 80 different countries, but one thing remains a constant: the touching stories we hear of mothers putting the well-being and education of their children above all else.
Although we all have plenty of reasons to call our mom or send her a card this Mother's Day, here are 3 women who will further inspire you:
Sento lives in Makeni City, Sierra Leone and sells local food, soft drinks, and condiments out of a small store on the side of a main road.
She works 16 hours every day and sleeps in a tiny room behind her shop in order to make sure her inventory doesn’t get stolen. Sento’s proudest achievement is that her earnings will allow her 4 children to attend junior high and high school. Her greatest goal is to eventually be able to send them all to university, a chance she didn’t have herself.
“In those days they didn’t allow women to go to school, but now it is different,” Sento said.