About Kiva
Kiva connects individuals to provide crowdfunded loans aimed at expanding financial access for underserved communities. The organization focuses on helping groups such as underbanked women, refugees, and marginalized populations, primarily in the United States and across 84 countries. Kiva's model allows people to lend small amounts of money to entrepreneurs and small businesses, facilitating microloans that promote financial inclusion and community development. Unlike traditional financial institutions, Kiva relies on crowdfunding, which enables a broader range of individuals to participate in supporting those in need. The goal of Kiva is to empower financially excluded groups and foster economic resilience in communities worldwide.
San Francisco, CaliforniaHeadquarters
2005Year Founded
$11.5MTotal Funding
GRANTCompany Stage
Fintech, Social ImpactIndustries
201-500Employees
Benefits
Medical, dental, and vision insurance
Unlimited PTO
$750 stipend for continuing education
Parental leave
401(k) plan
Community building activities
Risks
Competition from platforms like Zidisha offering interest-free loans may impact Kiva's market share.
Economic instability in regions like Argentina could affect borrowers' loan repayment ability.
Regulatory changes in countries like India may impact Kiva's operations and partnerships.
Differentiation
Kiva connects individuals through crowdfunded loans to empower underserved communities globally.
Kiva has facilitated over $2 billion in loans, impacting more than 5 million people.
Kiva's partnerships with corporations like Coca-Cola enhance its financial inclusion efforts.
Upsides
Increased focus on digital financial services creates expansion opportunities for Kiva.
Growing interest in impact investing leads to more funding for Kiva's social impact initiatives.
Corporate social responsibility trends encourage partnerships, boosting Kiva's reach and resources.
Funding
Total raised$11.48 M
Latest valuation$5.00 M
StageGRANT
GRANT
6/30/2020$2
ANGEL
2/29/2012$1
$5.00 M