Kiva Hits $1 Billion Mark for Female Entrepreneurs

Kiva, a San Francisco-based nonprofit that crowdfunds loans for women, students and other underserved entrepreneurs, topped the $1 billion mark in financing female businesses around the world.

Kiva.org, its online platform, has granted the milestone microloans to more than 2.7 million women in 94 countries.

Kiva has offices across the globe, including Bangkok and Nairobi, and was launched in 2005 by Stanford University graduates Matt Flannery and Jessica Jackley.

Since Kiva's launch, the nonprofit has crowdfunded loans totaling nearly $1.4 billion worldwide to men and women alike. It has a repayment rate of about 97 percent.

According to Neville Crawley, CEO of Kiva, the company would continue to promote financial inclusion to close the gender equality gap, and "seek and develop new ways to transform the financial and social systems to work better for [women]."

Read the Entire Article


Selected Foundation News

A customized collection of news from foundations from around the Web.

Reinvention'S Power: Fueling Innovation Through Career Changes

"They bring a rich history of experiences and a fresh zeal for innovation that is critical for businesses aiming to stay ahead in a constantly evolving landscape." That's the takeaway from...more

Nddc And Sustainable Development Finance Pathway

For more than 50 years, militants in Nigeria's Niger Delta have been fighting for the region's oila source of more than $100 billion a year to the country's government, according to the World...more

Super Battle on Impact Investing and Returns

A new campaign in Australia is urging the country's $122 billion super fund industry to invest in projects that make a positive social and environmental impact. The #5by25 campaign, led by Wealth...more

Meet Sandhya Atram from Maya Care Foundation and Social Entrepreneur Read Her ...

"Being confined to a wheelchair posed its challenges, but Maya CARE provided unwavering support." That's how Sandhya Atram describes her experience as a wheelchair-bound graphic designer in...more

Decolonising Aid: Moving Beyond International Aid Intermediaries

There's a new way to fund development in some of the world's poorest countries, and it doesn't involve putting multinational companies in charge of projects. Instead, it's called "incubator...more

Jay Ukani Unveiling The Remarkable Journey Of A Visionary Entrepreneur Transforming ...

"As a thriving entrepreneur, I distinguish myself not just for business acumen but also as a conscientious and influential leader," Jay Ukani tells Forbes. Ukani is, of course, the owner of Ban...more

Football Nsw Community a Major Beneficiary of Growing Football Fund Grants

"By supporting Clubs and Associations at the grassroots level, we are laying the foundation for a brighter future for women's football in our country," says the CEO of Football Australia, the...more

Here Are the Season for Sharing Grantees for 2023-24

The Arizona Republic and azcentral.com are putting their money where their mouth is. The two media outlets have teamed up to raise $1.6 million for community organizations through their annual...more

Dieruff High'S Expanded Learning Dome Reaching for the Stars Again

Dieruff High School in Allentown, Pa., is upgrading its beloved Learning Dome, a former planetarium that's been teaching students about everything from biology to anatomy since 1965, the Allentown...more

Safe Place to Park a Community Priority

The town of Sedona, Ariz., is in the middle of a debate over what to do with a rundown theater that's been there for 20 years. The town wants to tear down the Sedona Performing Arts Center and...more






Youths in the Middle East deal with the world’s social problems such as high youth unemployment rates. As a solution, some are creating new businesses with a social purpose, such as tackling environmental issues, illiteracy or health, while also spurring job creation.




Jobs in the Social Sector

  Executive Director Jobs
  Fundraising & Development Jobs
  Foundation Related Jobs
  Executive Director Jobs
  Substance Abuse Jobs



Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders