Status Update- February 5th, 2026

​Kiva and Nexus for Development have agreed to end their partnership after nearly 8 years and more than $500,000 in loans raised. This partner has repaid its outstanding balance to Kiva in full, and these funds have been distributed to lenders. We thank Nexus for Development for the years of collaboration and wish them success in their future endeavors.

Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.

According to the United Nations Development Programme, developing countries are 80 times more likely to be victims of climate-change-related disasters. The majority of investments made in carbon-related technologies, however, do not reach the poorest regions of the developing world.

Nexus, a cooperative of non-profits, currently offers carbon-financing services to SMEs that are reducing the carbon footprint in developing countries. The organization is working to create more sustainable, low-carbon pathways towards poverty alleviation. Through its cooperative structure, Nexus pools resources and distributes risk associated with international funding in carbon.

Nexus has committed to provide clean energy to 20 million people in developing countries and reduce greenhouse gas emissions by 10 million tons CO2eq by 2020.

A unique lending approach:

With Kiva’s help, Nexus offers working capital loans to finance business growth and innovation for SMEs working to alleviate poverty and reduce green house gas emissions in the developing world. Nexus borrowers use the loans to expand their capacity for production, inventory, sales, and marketing activities to scale the growth of their business.