Kiva

Company

Investment-firm

Last deal

$2.5M

Amount

Grant

Stage

06.07.2020

Date

5

all rounds

$11.8M

Total amount

General

About Company
Kiva is a non-profit that enables online lending to underserved communities.

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Sector :

Subsector :

founded date

01.03.2005

Number of employees

Company Type

Non-profit

Last funding type

Grant

IPO status

Private

Description

Kiva is a mission-driven technology non-profit based in San Francisco. They operate a global marketplace platform for crowd-funded micro-loans, connecting lenders with low-income entrepreneurs and students. Borrowers apply for loans, which are then posted on Kiva for fundraising. Lenders can choose to fund new loans or donate to a cause. Kiva relies on a network of field partners to administer the loans on the ground. Since its founding in 2005, Kiva has facilitated over 1.6 million loans, totaling over $1.4 billion, in 77 countries. They have a repayment rate of 96.1 percent and over 1.9 million lenders worldwide.
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