Micro Financial Savings

Help the World. Feed the World. Save the World.
Women - Lend to empower women and promote gender equality.
Women - Lend to empower women and promote gender equality.
Group Loan - Support borrower solidarity and community by joining one of our Team group loans.
Group Loan - Support borrower solidarity and community by joining one of our Team group loans.
Housing - Help create safe and stable homes for their families.
Housing - Help create safe and stable homes for their families.
Start-Up - Give a boost with a $5 donation to entrepreneurs starting brand new businesses.
Start-Up - Give a boost with a $5 donation to entrepreneurs starting brand new businesses.
Transportation - Fuel local economies by helping entrepreneurs get from point A to point B.
Transportation - Fuel local economies by helping entrepreneurs get from point A to point B.
Vulnerable Groups - Empower marginalized people like widows, refugees and others.
Vulnerable Groups - Empower marginalized people like widows, refugees and others.

Transforming Lives

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. 
 

Field Partner Testimonials

Meg Gray and Jennifer Bi also contributed to this report.

In March, we introduced you to Jorgelyn Palima and Gerilina Ybanez, two Filipino women who used loans to rebuild after the devastating effects of Typhoon Haiyan.

The typhoon swept away Jorgelyn’s sari-sari business and home, leaving her living in a shelter made of salvaged materials. With the help of Kiva’s Field Partner in Ormoc, NWTF, Jorgelyn received materials such as coco lumber and gypsum board to reconstruct her home. 

Updated April 9, 2014 

On April 7, an internet-wide security vulnerability was reported for OpenSSL, the software used to encrypt web communications on the majority of e-commerce sites.  You can find out more about this bug, called Heartbleed, at the Wall Street Journal, CNET and the Guardian.

Each day when you visit Kiva’s site there are thousands of loans ready and waiting to be funded, but how do they get there? Money doesn’t grow on trees and neither do translated loans. 
 
Kiva relies on an enormous network of volunteers to help review and translate loans that come in from our partners in one of the five key Kiva languages (English, French, Spanish, Portuguese or Russian). 
 
We are so incredibly grateful to these talented volunteers, who are vital to Kiva’s mission to alleviate poverty. We cherish their contributions and each month take the time to recognize one Review and Translation volunteer standout who we couldn’t live without.
 
Featured Volunteer: Jill Heske
 
 “I’m glad I volunteer. A little tiny bit of what we do – and not many people can do it – does a lot for people in need.”
 
City: Suwanee, GA
 
Languages: Spanish, Russian
 
Team: Mosaico
 
Time with Kiva: 5 years, 4 months
 
Outstanding contributions to Kiva:
 
Investisseurs & Partenaires, Kiva’s new France-based partner fundraising loans in Mauritania, is on a mission to promote a new generation of socially-conscious entrepreneurs in Africa.

Along the way, I&P is carving out a unique niche for itself in the world of small and medium enterprise loans. The investment group will only work with African businesses that have a record of outstanding social and environmental impact.  It also requires businesses meet a set of strict criteria, including no use of child labor, implementing anti-discrimination policies, managing supply chains responsibly and fighting corruption.

In exchange, I&P addresses a major need in the “missing middle,” the segment of businesses that are too big for many microfinance institutions, but too small for traditional capital sources. I&P offers relatively large loans, at lengthier loan terms, giving companies the space and time to grow.

Loans will be between $10,000 to $50,000. One example is this $15,000 loan that funded within a day, for a business that replaces diesel power generators with solar plants for uninterrupted access to clean water.
 

MicroFinance in the News

Subscribe to Micro Financial Savings RSS