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Facts & Statistics
The following statistics are updated nightly (between 1 - 3am US Pacific time).| Total value of all loans made through Kiva: | $103,040,160 |
| Number of Kiva Lenders: | 596,058 |
| Number of countries represented by Kiva Lenders: | 187 |
| Number of entrepreneurs that have received a loan through Kiva: | 257,698 |
| Number of loans that have been funded through Kiva: | 147,127 |
| Percentage of Kiva loans which have been made to women entrepreneurs: | 82.64% |
| Number of Kiva Field Partners (microfinance institutions Kiva partners with): | 104 |
| Number of countries Kiva Field Partners are located in: | 49 |
| Current repayment rate (all partners): | 98.04% |
| Average loan size (This is the average amount loaned to an individual Kiva Entrepreneur. Some loans - group loans - are divided between a group of borrowers.): | $403.44 |
| Average total amount loaned per Kiva Lender (includes reloaned funds): | $173.33 |
| Average number of loans per Kiva Lender: | 4.97 |
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.
- 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.
- Kiva is headquartered in San Francisco, CA.
- Kiva currently employs 34 full-time staff members.
Impact This Week
- 17,903 lenders made a loan.
- 4,090 new lenders joined.
- $1,500,050.00 lent.
- 98.04% repayment rate to date.
- 4,138 entrepreneurs funded.
- 1 loan every 12 seconds.
- 1,508 gift certificates purchased.
A loan was made on Kiva.org every
31 seconds
(on average) throughout 2008.
The average time it takes for a Kiva Loan to be funded is
77.52 hours
Kiva Loan descriptions are translated by over
337 volunteers
located across the globe, keeping new loans feeding to the website 24 hours a day.
Kiva Lenders who also happen to be celebrities include
Camryn Manheim
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and | Greta Van Susteren.
|
Kiva Entrepreneur
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was visited |
Kiva Lender
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Kiva is being utilized as a teaching tool by classrooms across the country, including:
a business class in New York City,
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Baker Middle School in Oregon,
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and 9th, 10th and 11th grade students at San Roque H.S. in CA...
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...who are part of our volunteer translation team, translating loan descriptions from Spanish to English!
Kiva is used as a way for businesses to support other businesses, such as Projectline
in Seattle, who give Kiva Gift Certificates to clients to thank them for their patronage.
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