Kiva Microlending Team

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Comment by John Sporing on March 15, 2010 at 10:21am

Jodi, be sure and look for the GovLoop group on Kiva.

Comment by Jodi Maggin on March 14, 2010 at 10:35pm

I am so excited to see that someone has brought Kiva to GovLoop - Thank you! I just came back from a fantastic conference (Underground Online Seminar) where I met speaker, Jessica Jackley co-founder of KIVA. She was such an inspiring speaker and is doing such incrediable work. Keep an eye out -- she's working on another company that will be released very soon!

Comment by Adriel Hampton on December 16, 2009 at 12:46am

Woot!

Comment by Jeffrey Levy on November 20, 2009 at 1:16am

Whoah! Since I last wrote about 6 weeks ago, we've more than doubled the loans we've given!

We're up to 26 people making 119 loans totaling $11,850.00. Woohoo!

Comment by Jeffrey Levy on September 30, 2009 at 12:04am

Thanks so muc, everyone, for keeping this idea going. And especially to John Sporing for picking up the baton and running with it.

When the idea of doing microloans as a team from GovLoop occurred to me back in February, I wondered whether anyone would join me.

Now we've loaned $6300!

So again, thanks to everyone, and keep it coming!

Comment by Amanda Blount on September 28, 2009 at 12:41pm

Hi ALL,

I caught a minute of a how the other night, and I wanted to find out more about it. I think I may have also read a little about it on GOVLOOP, or maybe a news website, the point is I am trying to find out more information about a little company for women in poor countries.

It is like AVON...but not. The women go door to door and sell personal hygiene items, including bed nets. But, to make it more important to the women, they must buy their kits just like in America. The kits are, of course, not priced like here in the states, but it teaches the women independence. I love the program. I just can't find out more information about it. I really am interested in funding $25 for one of the ladies to purchase their sales kits.

I love this program, because in some countries the men do not like their wife to do business with men - this business is women to women, and many times the women are in charge of everything at home, so they need to set their own schedules. This "Avon' type business is a perfect fit. Plus, the items they are offering are items, which the people really need; Tooth brushes, toothpaste, bed nets, soap, etc...

If anyone knows more about this, please let me know.

Comment by John Sporing on September 27, 2009 at 5:58pm

Invite your friends to join the GovLoop Kiva Group on GovLoop and on Kiva.

Comment by John Sporing on September 27, 2009 at 5:57pm

New update for a new loan. Be sure and join the GovLoop team on Kiva. We have made over $6200 in loans to 95 different people. Help us continue to make a difference.

Comment by John Sporing on August 8, 2009 at 11:17am

Michael is the owner of CineCipher, a multi-media videography company located in the San Francisco Bay Area. He works with small businesses and non-profits to help them tell their stories.

Michael loves owning his own business, but ever-changing developments in technology mean he needs to undertake significant expense to remain competitive. This loan will allow Michael to upgrade his equipment and software and will help to increase his number of clients and the services that CineCipher is able to provide.

Comment by John Sporing on August 8, 2009 at 9:52am

Some quick statistics about Kiva overall:

Kiva is 46 months old.
Total value of all loans made through Kiva: $85,482,235
Number of Kiva Lenders: 538,315
Number of countries represented by Kiva Lenders: 182
Number of entrepreneurs that have received a loan through Kiva: 209,050
Number of loans that have been funded through Kiva: 122,238
Percentage of Kiva loans which have been made to women entrepreneurs: 82.92%
Number of Kiva Field Partners (microfinance institutions Kiva partners with): 105
Number of countries Kiva Field Partners are located in: 49
Current repayment rate (all partners): 98.61%
Average loan size (This is the average amount loaned to an individual Kiva Entrepreneur. Some loans - group loans - are divided between a group of borrowers.): $412.46
Average total amount loaned per Kiva Lender (includes reloaned funds): $159.14
Average number of loans per Kiva Lender: 4.51

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