Kiva, the nonprofit with a mission to expand financial access to help underserved communities thrive, today announced that lenders on its Kiva.org platform have funded more than $1 billion in microloans to female entrepreneurs worldwide. To date, Kiva has facilitated loans to more than 2.7 million women in 94 countries around the globe.
“This is a truly amazing milestone, and I want to recognize all of Kiva’s remarkable lenders, employees, volunteers, field partners, donors, and corporate partners that have helped Kiva fund more than $1 billion in loans to women and $1.4 billion in loans to entrepreneurs worldwide,” said Neville Crawley, Chief Executive Officer of Kiva. “But our work is not done. Kiva will continue to support women and their communities through the Kiva.org platform, as well as seek and develop new ways to transform the financial and social systems to work better for them.”