Saturday, July 1, 2017

Kiva Surpasses $1 Billion in Microloans Worldwide

Founded in 2005 as a non-profit organization to alleviate poverty through microloans to small entrepreneurs worldwide, Kiva has just surpassed $1 billion in total funds lent to some 2.5 million entrepreneurs in over 80 countries. Having established a global network of microfinance field partners, Kiva currently has a repayment rate of 97% across all loans.

To learn more about how Kiva works and its history, visit its website and consider joining the effort to fund entrepreneurs around the world. To date, the Common Curator has made over 180 microloans for projects in 82 countries.

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