Belief in humankind and innovation has always driven our work here at Kiva, but never more so than it did in 2013. We grew the Kiva Zip program, held the first Kiva U Summit, and launched Kiva Labs during one of the most eventful years in our history.
What are we achieving through these new initiatives? With Kiva Zip, we're offering 0% interest, mobile credit, and promoting a model of "social underwriting" that sheds new light on what it means to be creditworthy. With Kiva U, we’re bringing the next generation into the movement, connecting students and educators in the pursuit of new ideas. With Kiva Labs, we’re identifying new types of partners with higher impact loans, targeting innovative agriculture, water and sanitation, clean energy and more, so that we can all get closer to some of the poorest people in the world.
Our most important achievement of 2013, however, was reaching the milestones of both one million lenders and one million borrowers worldwide! We would not be where we are today without the support of our incredible community.
This annual report is one massive thank you note from Kiva to you. It’s your work. We are humbled to be a conduit of change, through you.