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
Written by Yasmin Patel
Earlier this year, Kiva’s Global Engagement Manager, Jessica Hansen, gave a TEDx Talk to a packed house about the power of “we” and connection via technology.
When your beauty brand has fans like Whole Foods and Sephora, you know you’re doing something right. When you’re able to make those beauty products in a socially impactful way, that creates jobs and improves the environment, you’re doing something extraordinary.
“When she sent it to me it was in a rum bottle filled with tape — very Caribbean-esque — and I jokingly said ‘for something that we know works so well from home, I should start a business out of it,’” Yve-Car recalls.