Posts Tagged ‘KIVA’

Microfinance Focus, Aug 14, 2010: Omidyar Network has announced a $5 million grant over three years to Kiva.org. Kiva will use the funding to further develop its technology platform, expand its network of field partners, and continue to invest in due diligence and monitoring capabilities across its growing portfolio. Amy Klement, Vice President, Investments at Omidyar Network, will join Kiva's board of directors. During the first ... Full story

Microfinance Focus, July 3, 2010: Microfinance News Synopsis brings a compilation of industry headlines broadcasted by other news media from across the world. Challenge of financial inclusion: In his recent book Building Social Business, Muhammad Yunus notes that, in the 1960s, no one predicted that the Internet would take the world by storm; that laptops, palm-tops, Blackberrys, i-pods, i-phones, tablets and Kindles would be in the ... Full story

By Asma Azmi Microfinance Focus, Feb. 27, 2010: World’s poor are the major victims of any natural disaster striking our planet. Their meagre livelihood leaves them vulnerable to the post disaster upheavals. Faced with unemployment and unsteady market conditions, their lives become a constant struggle for daily sustenance. Although there is always a surge in aid and grants to a disaster affected region, they are often poorly ... Full story

Microfinance Focus Nov. 09, 2009: ACCION USA, a pioneer and leader in U.S. microfinance that provides critical capital and financial education to small businesses, has been awarded a gift by Craigslist founder Craig Newmark, to support its person-to-person microlending activities on the Website Kiva.org. Craigslist is a centralized network of online communities, featuring free online classified advertisements. Mr. Newmark is a strong supporter of microfinance internationally. ... Full story

Microfinance Focus , Nov. 05, 2009 : Kiva.org , a peer to peer lending organization surpassed $100 million in microcredit loans provided in October, on the fourth anniversary of the website's operations.  Since launching in October 2005, Kiva.org has provided loans to more than 239,000 entrepreneurs in over 50 countries.  573,000 lenders have given through Kiva.org, ... Full story

Microfinance Focus, July 31, 2009: MYC4, a peer-to-peer lending facility with 15,643 registered investors from 94 countries, has reported investments in online microfinance amounting to 9.3 million euros in 4,865 businesses in seven African countries so far. And the trend is catching up with other players in microfinance sphere. Micro Place, an e-Bay company, has provided 40,005 loans enabled by investments made online since its inception in Sept. 2007. KIVA, another major US-based not-for-profit company which has pioneered the idea of online lending, is distributing one loan in every 14 seconds giving more than $1 million a week. Full story