1. How Kiva Works Kiva Fellows Training August 2010 JD Bergeron
2. Problem Statement & Solution: Hand up, not a hand out Supplies for a store Seed for crops Tools for carpentry Cloth for weaving Materials for making products Millions of people around the world could help themselves if they just had access to money for starting or expanding their small business. Whether they need tools, seed, fertilizer, cloth, store supplies, it just takes that first step, that start-up capital, to give them a chance to be truly self-sufficient. However they cannot apply for a loan from a bank, credit company or credit co-operative because banks typically do not serve the poor.
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4. The Kiva Microfinance Lending Process Kiva Fellows are an adaptable, scalable and sustainable resource to innovate at Kiva and fulfill the mission. Kiva Fellows play an integral role in the Kiva process as they strengthen the P2P connection, ensure data integrity, and increase transparency. Microfinance Institutions Entrepreneurs Lenders
5. Where we started: 2005 in Tororo Uganda Entrepreneurs 50 entrepreneurs Lenders 500 MFIs None Risk 0% default rate