In August 2006, MicroCapital reported on Kiva.org, a microfinance website and non-profit organization founded in February 2005 by Stanford Business School graduates Matt and Jessica Flannery. The website allows individuals with PayPal accounts to view the clients of microfinance institutions (MFIs), provide money to help finance a micro loan for one of the said borrowers, and then receive email updates on the borrowing person. Money provided via Kiva.org is a loan, and is scheduled to be repaid to the provider between 6 and 12 months.
Continue reading “MICROCAPITAL STORY: “Peer to Peer” (P2P) Microfinance Business of Kiva.org (Kiva) Funds over USD 8.9 Million Internationally for Micro Loans”
Similar Posts:
- MICROFINANCE EVENT: Sanabel’s 16th Annual Conference; November 21-22, 2023; Dead Sea, Jordan – POSTPONED
- MICROFINANCE EVENT: European Microfinance Week; November 15-17, 2023; Luxembourg
- MICROFINANCE PAPER WRAP-UP: “Worth Your Weight: Experimental Evidence on the Benefits of Obesity in Low-income Countries,” by Elise Macchi
- MICROFINANCE EVENT: Fintech Summit Latam; August 31 – September 1, 2023; Mexico City, Mexico
- MICROFINANCE EVENT: 2nd Annual Environmental Social Governance (ESG) Africa Conference; October 4-5, 2023; Sandton, South Africa
