KIVA

Since the first Kiva loan in Wisconsin in 2013, there have been close to 270 Wisconsin borrowers funded totaling approximately $1.6 million in dollars lent to business owners.

July 20, 2020 Mayor Satya announced the City Of Madison's Kiva Match Program

About Kiva

Kiva is an international nonprofit, founded in 2005 and based in San Francisco, with a mission to connect people through lending to alleviate poverty. Kiva celebrates and supports people looking to create a better future for themselves, their families and their communities. With as little as a $25 loan, anyone can help a borrower start or grow a business, go to school, access clean energy and realize their potential.

For more information: 

https://www.kivaushub.org/

True to its mission of economic inclusion, borrowers who faced barriers to traditional lending options have benefitted from Kiva loans. To date, 67% of Wisconsin borrowers are female, 59 % are people of color and 64% are low-moderate income.