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
Niaz Patwary, KF25 in India
We are two Kiva employees based in the Bay Area -- Jacob is a software engineer and Nick is a product manager. We wanted to share a little about the recent trip we took to Medellin to visit a Kiva partner and several Kiva borrowers. You can make another loan to inspiring borrowers across Colombia here.