Kiva

KIVA PRESENTATION

THE WEB SITE: www.kiva.org  What is Kiva?  They let you loan to the working poor  What is Kiva's mission is?  Kiva’s mission is to connect people

through lending for the sake of alleviating poverty

THE WEB SITE: www.kiva.org Characteristics:  The world's first person-to-person micro-lending

website;

 The people you see in the site are real individuals in

need of funding;

 When you lend to you are helping a real person;  This mechanism make great strides towards economic

independence and improve life of those people;

THE WEB SITE: www.kiva.org Characteristics:  You get your money back;  You can relend your money to someone else in need;  The Kiva partners have a large experience in

microfinance;

 Kiva provides a transparent lending platform.

THE COUNTRY: CAMBODIA

CAMBODIA  Capital: Phnom Penh  Language: Khmer (official) 95%, French,       

English Population: 13,363,421 GDP per capita (PPP): $2,600 Labor Force: agriculture 75% Population Below Poverty Line: 36% Literacy Rate: 69.90% Infant Mortality Rate (per 1000): 73.67 deaths Life Expectancy: 58.41 years

THE ENTREPRENEUR  Keo Art;  Age: 45;  Married;  Lives with two of her children in Kampong Cham

province;

 Farming;  She grows beans;  She makes about US$5 per day.

THE ENTREPRENEUR PROPOSE  Keo Art propose was to take out a loan of US$1000 to

purchase bean seeds to grow.

 Main facts:

Loan Requested: $1,000.00 Repayment Term: 18 months Loan Use: To purchase bean seeds Date Posted: Oct 23, 2008 Date Funded: Oct 23, 2008

LOAN Loan Request: $1,000.00 Raised: $1,000.00 

FIELD PARTNER CREDIT MFI (Cambodia Rural Economic Development Initiative for Transformation Microfinance Institution)  Independent organization;  Empower the economically active poor and small

entrepreneurs by providing inclusive financial services;

 CREDIT was started in 1993 and was registered as a

private limited liability company (LLC) in 2003;

 At the end of 2007, CREDIT had a portfolio of US$10.3

million in outstanding loans reaching 18,771 clients, of which 95% are women.

FIELD PARTNER  CREDIT added the Vulnerable Services Unit (VSU) to its

operations:

 For example: o families living with HIV /AIDs o vulnerable mothers and children o provide poor clients access to homes.

OTHER LENDERS  LINA, Vars, Ontario

Canada

 DAMIANO

Roma, Roma Italy

 MICHAEL

Escondido, CA United States  PATRICK

Kaneohe, HI United States

 TRUUS and

BERNHARD EEMNES, Utrecht Netherlands

SENTENCES TO REMEMBER  “We have to much in this part of the world!”

 “I heard of Kiva and it was the best way for me to be

able to help people in need.”

 “I like the idea of helping those who need a hand, not a

hand out, especially to those who live in the developing countries where many many hands are needed. This is my small way of serving others. As a wise man once said, "the greatest is the one who serves.”