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Facts & Statistics
Latest Statistics
| Total value of all loans made through Kiva: | $30,687,885 |
| Number of Kiva Lenders: | 291,003 |
| Number of loans that have been funded through Kiva: | 44,620 |
| Percentage of Kiva loans which have been made to women entrepreneurs: | 76.81% |
| Number of Kiva Field Partners (microfinance institutions Kiva partners with): | 89 |
| Number of countries Kiva Field Partners are located in: | 42 |
| Current repayment rate (all partners): | 99.73% |
| Current default rate (all partners): | 0.27% |
| Average size of loan for funding: | $503.59 |
| Average total amount loaned per Kiva Lender (includes reloaned funds): | $105.86 |
| Average number of loans per Kiva Lender: | 2.70 |
For additional information on a specific Kiva Field Partner, please navigate to that organization's dedicated Field Partner page by clicking on Field Partners at the left side of this page, and then selecting the organization of interest.
Cumulative Volume of Loans Made Through Kiva as of 2/29/08.
Fact Sheet
- Kiva is a 501(c)(3) non-profit organization, incorporated in November 2005.
- "Kiva" is a Swahili word which means "unity" or "agreement".
- Kiva is the world's first online micro-lending platform.
- Kiva was co-founded by Matt and Jessica Flannery, when they were 28 and 27 respectively.
- Previously, Kiva CEO and Co-Founder Matt Flannery was an engineer at Tivo. Premal Shah, Kiva President, was a product manager at PayPal.
- PayPal provides Kiva with free payment processing. Kiva's is the first account at PayPal with a free payment processing agreement.
- The minimum amount that can be loaned to an entrepreneur on Kiva is $25.
- Kiva partners with microfinance institutions around the world, referred to on the Kiva website as Field Partners.
- Recipients of a Kiva Loan are referred to as "entrepreneurs", contributors to a Kiva Loan are referred to as "Kiva Lenders".
- Anyone with an email address can create a Kiva Account. Anyone who can make payments using a credit card or PayPal account can be a Kiva Lender.
- Currently, Kiva Lenders can only receive 0% interest on their loan. Kiva hopes to allow Field Partners to offer non-zero interest rates to Kiva Lenders soon.
- Kiva is headquartered in San Francisco, CA.
- Kiva currently employs 24 full-time and 9 part-time staff members.
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