Kiva Microfunds

Program Area(s)
Grantee NameKiva Microfunds
Address875 Howard Street, Suite 340
San Francisco CA, 94103
United States
Websitehttp://zip.kiva.org
Description

More than one million people have lent over a half-billion dollars to more than 1.5 million borrowers around the globe via Kiva Microfunds. While the non-profit organization’s community development partners do charge interest, their new Kiva Zip program improves the model by directly facilitating microloans to small-business owners without any interest charge. Kiva Zip uses a network of trustees to vouch for borrowers and recommend them to the program. This grant supports a multiyear initiative to dramatically increase Kiva Zip lending in the Bay Area.

Grant Amount$80000
Project Dates03/23/15 - 03/23/17
Serving United States/California/San Francisco/San Francisco

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