Kiva Microloans for Entrepreneurs

For some time now, we have chosen to partner with Kiva, an organization that supports entrepreneurs in low-income countries through microloans. The great thing about this business model is that at least 98% of the loaned amount is repaid and can be lent out again. Over and over!

As part of our initiative with Kiva, we’ve chosen to focus our loans on single women in the Philippines who, through their microbusinesses, are working to support their families. Examples of successful entrepreneurial projects include selling frozen fish, running micro-restaurants, and selling local vegetables, among others.

We will issue new loans on a monthly basis to slowly but surely increase the number of borrowers who are strengthening their families’ finances through entrepreneurship.

We have now issued 250 loans with a 100% repayment rate so far!