Omidyar Network Awards $5 Million Grant to Kiva to Spur Growth of Microfinance in Underserved Markets
We're excited to announce that Omidyar Network, a philanthropic investment firm, has committed to match $2 million in Kiva user donations over the next two years.
This comes as part of Omidyar Network’s larger $5 million dollar investment in Kiva, which will be spent to further develop our technology and expand into new markets. Over the next two years, lenders will occasionally see notices during their checkout process saying that their donation is being matched. We hope that lenders help us take advantage of this program so we can claim the entire $2 million earmarked for donation matching.
We’re thankful to Omidyar Network for their support of Kiva's mission to connect people, through lending, for the sake of alleviating poverty. You can read the full press release here.