Kiva

Ottavia is a small business owner based in Atlanta who found further success after her Kiva loan. She is now offering holistic healing practices for communities around Atlanta through her business, Dear Life Chat LLC. Read more about her journey and how financial access for entrepreneurs strengthens local economies in the Atlanta Business Chronicle: https://bit.ly/4gzOB4M

What is climate adaptation? While reducing greenhouse gas emissions can help slow the effects of climate change, strategies are needed to help people who are already impacted by climate change. Climate adaptation is learning how to live with the effects of climate change through a set of strategies that protect people’s livelihoods, homes, and food supplies. It requires a long-term vision for the future that means changing the way we grow food, build our homes, and modify our lives to better adapt to a new environment. What are some climate adaptation strategies? The United Nations Committee on Climate Change outlined a framework that includes: • Ecosystem-based adaptation: Implementing projects that use existing biodiversity and ecosystem services • Knowledge, analysis, and networking: Utilizing global networks to share information and resources between countries • Access to adaptation finance: Supporting governments and partners in obtaining funding for climate responses and innovation …. and more. Kiva is dedicated to expanding financial inclusion for underserved communities, including those impacted by climate change. Comment below with questions about financial inclusion and climate change. 

“Helping girls to stay in school, helping them to achieve what they want in life, that is my favorite part." Lindiwe runs three successful businesses in her community. But her true passion — mentoring and training other local women — is what drives her success. She wants to employ other women and be a role model who shows them what is possible when they persevere. Through her Kiva loan, Lindiwe has not only seen her business succeed, she has also seen a change in how she feels about herself and her standing in her community. Read her story here and subscribe for more articles about advancing women’s economic equity.

December 3rd is Giving Tuesday and your support can ignite countless stories of resilience, growth, and triumph. As you’ll read in this issue of Vishal Ghotge's CEO newsletter, Kivans like Michelle, Apryl, Zazil, and David are doing incredible work out in the world to ensure financial access is a right shared by all. Read on to learn how your gift to Kiva goes beyond a donation—it truly changes lives. 💚 #givingtuesday

A new report by impact measurement company 60 Decibels highlights Kiva’s impact in making finance more accessible in the U.S. The results show that Kiva U.S. is facilitating first-time access to capital and making it easier for entrepreneurs to access additional funding, as well as fostering confidence and financial stability for marginalized communities in the U.S. Learn more in this edition of our Underestimated Entrepreneurs newsletter — and subscribe for more. 👉

We won a Gold medal from The Anthem Awards for our work with Tripadvisor! For #GivingTuesday2023, Tripadvisor matched Kiva loans to refugees, dollar-for-dollar, inspiring 2,200 Tripadvisor customers and Kiva lenders to support over 1,000 refugees with $260,000 in loan capital. These loans help refugees regain stability and restore their economic independence. How can you support refugee entrepreneurs when you travel? We have a call-to-action from Kiva team member Louisa Daly:

At your workplace, does your employer match employee giving? This can be a great way to make your donation dollars go even further toward causes you believe in. Make your Kiva donation go further. Learn more: https://bit.ly/4eIkaIh

At Kiva, we help entrepreneurs worldwide thrive through expanding financial inclusion. That means we’re passionate about small businesses! And lately, we’ve been thinking: what non-traditional tools can help small business owners grow in today’s competitive market? Together with OpenAI, we’ve put together actionable tips & tricks to help you use ChatGPT to help your business grow:

Kiva received six medals from The Anthem Awards! Our innovative partnerships focused on expanding financial access with toty, UGG, Tripadvisor, and Zuora won three Gold medals and one Bronze medal at The Anthem Awards this year. Plus, our People & Culture team won two Bronze awards for their groundbreaking well-being and employee belonging-focused programs! We're proud and grateful to be recognized alongside so many world-changing organizations. We'll share more about each winning project over the coming weeks.

A new report by impact measurement company 60 Decibels analyzes how Kiva is addressing economic inequality in the U.S.: At Kiva, we know that the U.S., despite being the world’s largest economy by GDP, is home to millions of people considered financially excluded. Approximately 26 million adults in the U.S. (nearly 10%) are “credit invisible”, meaning they do not have enough credit history to produce a credit score. 1 in 4 U.S. adults are underbanked, meaning they have limited access to financial services. With our 0%-interest, zero-fee, no-collateral, no-minimum-credit-score, socially underwritten loans, we’re not only rethinking creditworthiness, but we’re also helping fill the gap created by deep-rooted economic inequality. Are our efforts paying off? Click the link in the comments to see how we're doing: