Tuesday, January 6, 2009

Goal: Become a KIVA Field Partner (MicroFinance Institution)

Kiva enables microfinance institutions (MFIs) to raise 0% interest debt capital directly from social investors worldwide using the Internet. Since launching in October 2005, Kiva has grown to over 93 MFI partners in 42 countries.

In order to become a Field Partner with Kiva, a microfinance institution must, at a minimum:

  • Serve at least 1,000 active borrowers with microfinance services
  • Have a history (at least 2-3 years) of lending to poor, excluded, and/or vulnerable people for the purpose of alleviating poverty or reducing vulnerability
  • Be registered as a legal entity in its country of operation
  • Have at least 1 year of financial audits
  • We also prefer an MFI have a profile on the MIX Market (www.mixmarket.org).

Kiva doesn’t have any Flied partner in India. G Fundacion India goal is to become Field Partner in India and empowering Indian poor entrepreneurs to lift themselves out of poverty.  Join lending team, we can work together to alleviate poverty in India.

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