Commitment to Action

Kiva City

Commitment by

Visa Inc., Kiva.org

In 2011, Kiva, in partnership with VISA, committed to launch a new program that aims to double the $1.7 million national loan volume Kiva has achieved since launching in the United States. Called Kiva City, the program extends Kiva's Internet-based lending model to underserved communities by working in concert with microfinance organizations; local community groups to conduct outreach to small business owners; and elected officials to raise community awareness for small businesses to access much needed capital. Previously, Visa had donated $1 million to support Kiva's outreach campaign to help raise awareness among U.S. small business owners about obtaining and using microloans as a tool to grow their businesses, create jobs, and support economic recovery. Using the Kiva platform, thousands of Americans will have the opportunity to directly support local small businesses.

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Overview
Summary

Commitment

Kiva City

Launched

2011

Est. Duration

1-2 years

Region

Northern America

Countries

United States of America

Commitment by

Visa Inc., Kiva.org

Partner(s)

Capital One, Accion US Network, The Diller-Von Furstenberg Family Foundation, Michigan Corps, Rita Allen Foundation, Lampert Family Foundation, Fady Jameel, Free People, The Birmingham Foundation, PNC Bank, Accion Texas Inc.