general powerpoint preso 1 2010121
TRANSCRIPT
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Kiva.orgEvent Title
Presentation DateSpeaker’s Name
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First loans made in Uganda, 2005
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Introduction to MicrofinanceHalf the world lives on <$2/day
Microfinance is the provision of financial services to the poor
Give a man a fish, feed him for a day.Teach a man to fish, feed him for a lifetime.
What if he knows how to fish, but just can’t afford a fishing net?
Give a man a fish, feed him for a day.Teach a man to fish, feed him for a lifetime.
What if he knows how to fish, but just can’t afford a fishing net?
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“Kiva in a Box”: The Big Picture
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The Traditional Microfinance Lending Process
Microfinance Institutions
Microfinance Institutions
EntrepreneursEntrepreneurs
Banks and NGOs
Banks and NGOs
• Microfinance institutions typically get the money that they lend, from banks or non-governmental organizations, or both
• This can be expensive, as it is often borrowed with interest
• There may also be difficult application procedures to access debt capital from non-governmental organizations
• Some organizations can even find themselves shut out due to the region they operate in, particularly post-conflict regions
• Restrictions that microfinance institutions face ultimately affect the entrepreneurs, who rely on microfinance institutions to serve them
InternetLender
Online marketplaceLocal Partner
(MFI)Entrepreneur
Money
Information
How Kiva works
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Online lending platform• Kiva.org is a
website which allows you to lend to an entrepreneur who needs a loan
• Through Kiva, you loan as little as $25 to an entrepreneur at 0% interest
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www.kiva.org
The Kiva website lists loan requests which you can browse, just like browsing items on eBay or another website
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www.kiva.org
Size of the loan and status
Size of the loan and status
Summary of the business and loan, including
when it is expected to be
paid back
Summary of the business and loan, including
when it is expected to be
paid back
Information on the microfinance institution which is managing the
loan on the ground
Information on the microfinance institution which is managing the
loan on the ground
Picture of the entrepreneurPicture of the entrepreneur
Description of the business and
what the loan will be used for
Description of the business and
what the loan will be used for
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www.kiva.org
The business page also shows you all of the
other people around the world who are
contributing to this loan
The business page also shows you all of the
other people around the world who are
contributing to this loan
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Expanding to over 54 countries
Mexico
GuatemalaHondurasNicaragua
HaitiDominican
Republic
SamoaEcuador
Peru
BoliviaParaguay
Senegal
Sierra Leone Cote
d’Ivoire
Ghana
Togo
Nigeria
Cameroon
DRC
Mozambique
Tanzania
KenyaUganda
South Sudan
Indonesia
VietnamCambodia
NepalPakistan
Afghanistan
Tajikistan
LebanonGaza Iraq
Azerbaijan
Ukraine
MoldovaBosnia
Bulgaria
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Where are we today?
Please update with latest statistics from kiva.org
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Yenku: Sierra LeoneYenku Sesay is a 30 year old Sierra Leonean
In 2006 rebel soldiers cut off his
hands as punishment for voting
When he was 21 years old, Yenku was a double amputee, whose only prospects were begging in the streets of Freetown
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Yenku Sesay: Survival to SuccessYenku was approached by a microfinance institution
The microfinance institution encouraged Yenku to take a loan of 300,000 Leones (about $100) to start a small business
Yenku sold soap, biscuits and small items for a small profit
As Yenku made a profit, he reinvested it into the business
Yenku now supports his family of three children, and even pays for his younger brother’s schools fees
As Yenku made a profit, he reinvested it into the business
Yenku now supports his family of three children, and even pays for his younger brother’s schools fees
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How can you help?1) Invite your friends to join Kiva
- Using Kiva’s Invitation Systemhttp://www.kiva.org/do-more
2) Join an existing Lending Team- Use the message board to engage members
http://www.kiva.org/community
3) Start your own Lending Team- Use the “Lending Team Playbook” to help grow your team
http://www.kiva.org/do-more/playbook
4) Use Social Media to help spread the word- Facebook (>60K fans)
http://www.facebook.com/kiva- Twitter (>340K followers)
http://twitter.com/kiva- LinkedIn (>10K members)
http://www.linkedin.com/static?key=groups_giving_kiva
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Questions?
www.kiva.org
Loans that Change Lives