No, Kiva crowdfunds loans so there are many individual lenders who come together to contribute to each successful loan. You can lend $25 or more to a borrower to help them reach their goal, and you can see the other lenders who supported that borrower at the bottom of the loan profile.
The journey of a Kiva loan
A borrower applies for a loan.
The loan goes through the underwriting and approval process.
Lenders crowdfund the loan in increments of $25 or more.
Frequently asked questions
Do I need to fund the entire loan?
Will I get repaid?
Who can get a Kiva loan?
How do borrowers get on the Kiva website?
Do Kiva and/or Kiva lenders receive interest on Kiva loans?
Do Kiva borrowers pay any interest on their loans?
How does Kiva cover costs?
What are Field Partners?
What’s the difference between a direct loan and a partner loan?
How does the money for the loan get to each borrower?
What is the due diligence process on Kiva loans?
What happens if a loan doesn’t fully fund on Kiva?
How do repayments get back to lenders?
What happens if a borrower can’t repay the loan?