1. Kiva Overview for MFIs Raising low cost capital over the internet
"Revolutionising how donors and lenders in the US are connecting with small entrepreneurs in developing countries”
“Making microfinance easier...Kiva’s website is easy to use, even for local Cambodian staff who haven’t used computers that long”

2. Mission Statement: What is Kiva?
We envision a world where all people - even in the most remote areas of the globe - hold the power to create opportunity for themselves and others.
We believe providing safe, affordable access to capital to those in need helps people create better lives for themselves and their families.
How it works:

3. Micro Finance: Macro Finance: Micro vs. Macro
Small loans, usually given in 3rd world countries, to entrepreneurs to help them get their business off the ground.
Macro Finance:
Used for significant loan sums. Lender incurs some risk if borrower defaults on loan. Used for multi million/billion dollar projects.

4. Transparent (“I know where my money is going”)
Kiva Introduction: What are Kiva’s benefits?
Internet Lender
Transparent (“I know where my money is going”)
Sustainable (“If repaid, I can re-lend to someone else”)
Affordable (“I only need $25 to change someone’s life”)
Unique (Connection to borrower, easy to track)
Kiva Institution
0% interest charged to borrower
No liability: Client loss borne by Kiva
Flexible repayment terms
-- We are reaching MFIs that could never before access investment capital
-- We’ve actually helped start three MFIs

5. Should your MFI consider partnering with Kiva?
Required Characteristics:
Average loan size > $100 USD
Cost of funds > 4% (in hard currency terms) – Transferring costs
Number of clients > 500
Required Capabilities:
Ability to connect to the Internet
Ability to digitally photograph clients
Ability of one staff member to communicate by phone in English
By writing, Spanish, French and Portuguese is supported
Ability to accept/manage currency risk of 0% interest
Ability to accept debt capital from foreign investors and repatriate funds
i.e. government allows foreign funds into the country

6. Kiva partners on the ground approve client and disburses loan
How Kiva Works
Approve & Disburse Loan
Post client data
Fund Client
0% interest
Repor
ting
MFI
Client $
Kiva partners on the ground approve client and disburses loan
– no change to processes

7. How Kiva Works Approve & Disburse Loan Post client data Fund Client
0% interest
Repor
ting
Loan Application
Data
Digital Photo

8. How Kiva Works Average time to 100% funding = 2.2 days Fund Client
Approve & Disburse Loan
Post client data
0% interest
Repor
ting
Average time to
100% funding
= 2.2 days

9. Kiva aggregates 0% interest USD loan capital
How Kiva Works
Approve & Disburse Loan
Post client data
Fund Client
0% Interest
Reporting
Kiva aggregates 0% interest USD loan capital

10. How Kiva Works 1. During loan term, MFI only reports the exceptions
Approve & Disburse Loan
Post client data
Lend Funds 0%
interest
Reporting
1. During loan term, MFI only reports the exceptions
2. End of loan term, impact summary required for each client