October 2009 "Revolutionising how donors and lenders in the US are connecting with small entrepreneurs in developing countries” “ Making microfinance easier...Kiva’s website is easy to use, even for local Cambodian staff who haven’t used computers that long” Funding for Small Businesses Through Kiva
What is Kiva? Kiva is an online platform that connects MFIs to social investors Kiva allows MFI partners to raise 0% capital from individual investors across the globe. Microfinance Client Profile Microfinance Institution Kiva.org Online Marketplace Social Investor
What is Kiva? Kiva is a significant new source of loan capital for MFI partners Total Loan Capital Raised on Kiva to Date
Size: Provided MFIs with over $95M+ in new loan capital since launch.
Growth: $1M loans / 5K new lenders every week.
User satisfaction: <10% of repaid loans withdrawn.
Brand awareness: > 40K visit per day/ +100M brand impressions/ lenders from over 150 countries.
Kiva allows MFI partners to raise 0% capital from individual lenders across the globe.
Who are Kiva Lenders? Kiva is connecting everyday individuals to the microfinance industry
Who are Kiva Lenders?
Average amount loaned: $120
100+ countries across the world
50% of Kiva lenders are above 40
Only 9% of Kiva Lenders consider themselves as being “very knowledgeable” about microfinance.
Who are Kiva’s MFI partners? Kiva currently is partnering with 103 MFIs in 49 countries Geographical Disbursement of Current Kiva MFI partners Nicaragua Honduras Togo Senegal Bulgaria Gaza Uganda Kenya Tanzania Cambodia Mexico Ecuador Nigeria Ghana Mozambique Ukraine Afghanistan DRC Indonesia Azerbaijan Cameroon Tajikistan Bolivia Haiti R. Dominicana Vietnam Iraq Peru Paraguay Guatemala Sierra Leone Pakistan Nepal Moldova Lebanon South Sudan Bosnia Costa Rica El Salvador United States Armenia Mongolia Samoa Philippines Kyrgyzstan Mali Liberia Benin Rwanda
Who are the entrepreneurs?
Who are the entrepreneurs?
How does Kiva Support Itself? Working towards self-sufficiency
“ Tips” from loans
90%+ of lenders “tip”
Interest on “Float”
Kiva currently is ~70% self-sufficient – the goal is to be 100% self-sufficient in 5 years.
Kiva in the US Why does Kiva work in the US?
Need exists everywhere
Millions of small business in the US cannot access funding
Small businesses create growth in economy and provide livelihood for many people
Kiva’s mission is to be a truly global company: people from any part of the world can participate
Can have a larger impact than just providing capital for MFIs:
Increase awareness about microfinance & need in the US
Source of referral for MFIs for potential clients
Growth of industry thanks to low cost capital
Potential Opportunities through Kiva How can Kiva support entrepreneurs on its site?
Kiva is about connections
Increased awareness of internet by US entrepreneurs more connections between lender and borrower.
Opportunities for exposure through internet
Sharing experiences, lenders could be source of advice/support
Potential for market linkages
Kiva Thank you for your time Giovanna Masci Regional Director – The Americas [email_address] +1 (415)-358-7516 +1-(301)-706-2648 Please visit our website at www.kiva.org