Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Capital on the Frontier Best Practices Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Kiva fund will give refugees access to loans



The micro-lending platform’s latest fund is making more than $9 million available for borrowing by refugees and host countries like Lebanon, Jordan, and Turkey.

There are 22.5 million refugees spread around the world; five million from the crisis in Syria.

“Beyond direct relief, there needs to be financial opportunities to help refugees assimilate and support themselves, and to lessen the impact they have on host communities,” says Premal Shah, Kiva’s CEO.

The U.N. High Commissioner for Refugees found that helping refugees resettle in host countries pays off in economic progress and education. Traditional lenders consider refugees high-risk because of their transience and lack of documentation and assets.

Kiva’s World Refugee Fund will make loans via crowd-sourced investments and funding from corporations and foundations.

Kiva recently hit $1 billion in lending for underserved populations.

You might also like...