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The Organization: The Clinton Global Initiative (CGI) is a non-partisan catalyst for action, bringing together a community of global leaders to devise and implement innovative solutions to some of the world's most pressing challenges. Each September, CGI convenes a meeting for global leaders including heads of state, non-profit organizations, and business leaders to discuss challenges facing the world today. President Clinton's vision in bringing together this group is to merge ideas from both the public and private sectors to devise a plan to identify and implement solutions to major problems facing our world. In 2006 the forum coincided with the opening of the General Assembly of the United Nations and took place September 20-22.
The Partnership: The Clinton Global Initiative brings together a carefully selected group of the world's best minds and most distinguished problem solvers to focus on practical, effective measures that can be taken now. Kiva is honored to be counted among these as an invited guest of the 2006 Initiative, with attendees including UN Secretary General Kofi Annan, First Lady Laura Bush, General Colin Powell, Prime Minister Tony Blair, and Bill Gates.
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The Organization: The Skoll Foundation was created by Jeff Skoll in 1999 to pursue his vision of a world where all people, regardless of geography, background or economic status, enjoy and employ the full range of their talents and abilities. The Skoll Foundation's mission is to advance systemic change to benefit communities around the world by investing in, connecting and celebrating social entrepreneurs.
The Partnership: In 2008, the Skoll Foundation awarded a three-year grant of $1,000,000 to Kiva. The Skoll Awards program is the foundation's flagship investment initiative. It provides social entrepreneurs, whose models for sustainable change have already yielded significant impact, with unrestricted funding to scale their programs and amplify their reach across regions, countries and continents.
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The Organization: Halloran Philanthropies was established by Harry Halloran, Jr., in 2007 with the belief that business is one of the most powerful drivers for positive social change, as well as a major force in fighting inequality and poverty. The Halloran Philanthropies seek to create a healthy world community by supporting microfinance, global ethics and community service programs … programs that will create "the world we all want."
The Partnership: Halloran Philanthropies has generously supported Kiva with a grant that helps cover a significant portion of our 2008 operational costs. We could not do our work without this generous support!
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The Organization: The Draper Richards Foundation was founded in 2002. Funders William H. Draper, III and Robin Richards Donohoe, venture capitalists who have run highly successful funds together, believe in the power of innovation and passionate individuals to change the world.
The Partnership: The Draper Richards Foundation provides selected social entrepreneurs with funding of $100,000 annually for three years. The funds are specifically and solely for entrepreneurs starting new non-profit organizations. The Draper Richards Fellowships are highly selective and Kiva is honored to have been awarded one of their fellowships.
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The Organization: The W.K. Kellogg Foundation was established in 1930 "to help people help themselves through the practical application of knowledge and resources to improve their quality of life and that of future generations." Its programming activities center around the common vision of a world in which each person has a sense of worth; accepts responsibility for self, family, community, and societal well-being; and has the capacity to be productive, and to help create nurturing families, responsive institutions, and healthy communities.
The Partnership: The W.K. Kellogg Foundation focuses on improving current and future communities' quality of life in the United States, Latin America, Caribbean, and southern Africa. Kellogg supports Kiva's international work through a grant that contributes to Kiva's due diligence operations.
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The Organization: The Microcredit Summit Campaign brings together microcredit practitioners, advocates, educational institutions, donor agencies, international financial institutions, non-governmental organizations and others involved with microcredit to promote best practices in the field, to learn from each other, and to work towards achieving two goals by 2015: reaching 175 million of the world's poorest with microcredit, and ensuring that 100 million of the world's poorest families move from below US$1 a day.
The Partnership: Kiva was a featured speaker at the 2006 Global Microcredit Summit in Halifax, Canada. In addition to present the Institutional Action Plan for 2006, Kiva also presented a workshop "Raising Debt Capital Over the Internet" which resulted in 53 applications from attending microfinance institutions to apply for partnership with Kiva. Sam Daley-Harris, Director of the Microcredit Summit Campaign, serves on Kiva's Microfinance Advisory Board.
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The Organization: The Microfinance Information Exchange, Inc. (MIX) is the leading business information provider dedicated to strengthening the microfinance sector. MIX promotes financial transparency in the industry and helps build the information infrastructure in developing countries. This addresses a key challenge for the microfinance industry: the lack of reliable, comparable and publicly available information on the financial strength and performance of microfinance institutions as well as their social impact.
The Partnership: Kiva works with its microfinance partners to ensure that they post up-to-date profiles on the MIX Market in the interest of financial transparency. Kiva staff have authored a case study article of Kiva in the industry-leading MIX's MicroBanking Bulletin and have received advertising space in an upcoming issue. Kiva and the MIX hope to continue to build a culture of financial transparency in the microfinance world.
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The Organization: Unitus is a global microfinance accelerator that acts as a social venture capital investor for the microfinance industry. Unitus identifies the highest-potential microfinance institutions (MFIs) in developing countries and helps accelerate their growth through capital investments and capacity-building consulting, thus empowering them to help exponentially more poor people worldwide. As of April 2006, Unitus had eight MFI partners worldwide serving more than 635,000 poor clients. Unitus received the 2006 Fast Company/Monitor Group Social Capitalist Award for taking an innovative, entrepreneurial, business-minded approach to alleviating global poverty.
The Partnership: Geoff Davis, President and CEO of Unitus, serves on Kiva's Microfinance Advisory Board to share the expertise of Unitus and assist in the growth and development of the organization. Unitus will also be launching partnerships between several of its network microfinance institutions and Kiva, expanding the Kiva Field Partner network and increasing the network's debt capital sources.
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The Organization: The Rockefeller Foundation was established in 1913 by John D. Rockefeller, Sr., to "promote the well-being" of humanity by addressing the root causes of serious problems. The Foundation works around the world to expand opportunities for poor or vulnerable people and to help ensure that globalization's benefits are more widely shared. With assets of more than $3.5 billion, it is one of the few institutions to conduct such work both within the United States and internationally.
The Partnership: The Rockefeller Foundation has provided Kiva with a $300,000 grant to help Kiva develop and deploy social performance measurement across its platform. This project will result in Kiva lenders being able to make more informed choices around the social impact of their loan. It will also be one of the microfinance industry's first attempts to deploy recently agreed upon social impact metrics across a broad range of microfinance institutions across the globe.
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The Organization: DOEN Foundation works towards the achievement of a liveable world in which everyone has a place. Acting within its four fields of operation of Sustainable Development, Culture, Welfare and Social Cohesion, it provides subsidies where necessary, and arranges loans and equity investments where possible. DOEN Foundation achieves its objective through the revenues it receives from the Dutch National Postcode Lottery, the Sponsor Lottery and the BankGiro Lottery.
The Partnership: With the revenue from the Dutch National Postcode Lottery, DOEN Foundation has provided Kiva with a $300,000 grant to help Kiva develop its core capacity and scale for the future. Kiva is thrilled to receive support from DOEN, who has also backed other key names in the microfinance industry, including Triodos-Doen, Triple Jump Advisory Services and ProCredit Holding.
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The Organization: Opportunity International, the world's largest Christian microfinance organization, is making a lasting difference in the lives of more than 1 million poor entrepreneurs in 28 developing countries including Africa, Asia, Eastern Europe and Latin America. Opportunity International offers small business loans, training in basic business practices, insurance benefits, savings services, HIV/AIDS education and counseling in personal development that are proving to be viable, long-term tools for helping poor people work their way out of chronic poverty.
The Partnership: Opportunity International has encouraged their partners - the microfinance institutions within the Opportunity International Network - to work with Kiva. Additionally, Kiva cofounder Jessica Jackley Flannery recently joined the Opportunity International Board of Directors.
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The Organization: The Goldhirsh Foundation was established by Bernard A. Goldhirsh in 2000, shortly after he was diagnosed with brain cancer. Since his death in 2003, the Board of Directors of the Foundation (which includes his two children) has been shaping a grantmaking program that reflects his values and entrepreneurial spirit. We are dedicated to making a difference in the lives of people touched by the organizations and projects we support.
The Partnership: The Goldhirsh Foundation has supported Kiva with a grant in 2008 for Kiva's operational expenses.
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The Organization: The MacArthur Foundation supports creative people and effective institutions committed to building a more just, verdant, and peaceful world. In addition to selecting the MacArthur Fellows, the Foundation works to defend human rights, advance global conservation and security, make cities better places, and understand how technology is affecting children and society.
MacArthur is one of the nation's largest independent foundations. Through the support it provides, the Foundation fosters the development of knowledge, nurtures individual creativity, strengthens institutions, helps improve public policy, and provides information to the public, primarily through support for public interest media.
The Partnership: In 2009, the MacArthur Foundation awarded Kiva a $250,000 general support grant to strengthen Kiva's online microfinance marketplace. With the MacArthur Foundation's support Kiva will work to strengthen it's MFI partner network, manage risk & transparency, deepen lender engagement, and build organizational capacity.
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The Organization: 7Bar is a third-generation family involved in general aviation, real estate development and investments established in New Mexico 60 years ago. 7Bar Foundation is a 501c3 organization that strives to aid international communities in emergency and post-emergency situations. Incorporating efforts to address immediate need, 7Bar mainly focuses on capacity-building activities to bring people living in poverty to a state of self-reliance.
The Partnership: Lingerie Miami is the fundraising arm of the 7Bar Foundation. Lingerie Miami is a fashion show and fundraiser that celebrates femininity, and empowers women through microfinance. The only fashion show to showcase the world's finest couture and luxury lingerie labels on one runway in the U.S., Lingerie Miami's two-pronged mission is: 1. To raise funds for microfinance Institutes (MFI's) locally and globally; 2. To create awareness of the power and effectiveness of microfinance to a critical mass of consciousness. As part of the Lingerie Miami event in 2009, 7Bar Foundation raised $50,000 to support Kiva's efforts to reach more entrepreneurs in Mexico.
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The Organization: The Deshpande Foundation is the family Foundation of Gururaj ("Desh") and Jaishree Deshpande, of Andover, MA. Founded in 1996, the Deshpande Foundation is one of the leading philanthropic Foundations in Massachusetts and India in the areas of innovation, entrepreneurship and international development. Through its grantmaking, the Deshpande Foundation has helped launch innovative companies, helped NGOs develop an international presence and launched partnerships with some of the most remarkable change agents in the world today.
The Partnership: The Deshpande Foundation has awarded Kiva a $10,000 grant to explore the feasibility of launching Kiva field partnerships in India, including Deshpande Foundation partners in Nothern Karnataka.
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The Organization: Founded in 1980, Ashoka is the world's working community of leading social entrepreneurs. It champions the most important new social change ideas and supports the entrepreneurs behind them to start, grow, succeed, and collaborate on their ventures. As Ashoka expands its capacity to integrate and connect social and business entrepreneurs around the world, it builds an entrepreneurial infrastructure comprised of global initiatives that supports the fast-growing needs of the citizen sector. Ashoka is creating change today, for an Everyone a Changemaker society to become the reality of tomorrow.
The Partnership: Matt Flannery, Kiva's Co-Founder and CEO, was nominated an Ashoka fellow in 2008 and has benefited greatly by the wide range of support that Ashoka provides for fellows. In addition to financial support, Ashoka provides access to a wide network of changemakers across the globe. Matt and Kiva are proud to be part of the Ashoka tradition!
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