Kiva

Kiva is a non profit organization that helps out businesses and students in 82 developing nations. Since 2005, Kiva has crowd-funded more than 1 million loans, totaling more than a half a billion dollars, at a repayment rate of 99 percent. As of November 2013, Kiva was raising about $1 million every three days. The Kiva platform has attracted a community of more than 1 million lenders from around the world. Kiva itself does not collect any interest on the loans it facilitates and Kiva lenders do not make interest on loans. Kiva is purely supported by grants, loans, and donations from its users, corporations, and national institutions. Kiva is headquartered in San Francisco, California.As of May 5, 2015, Kiva has distributed $703,075,350 in loans from 1,286,412 lenders to 1,627,874 borrowers. A total of 878,025 loans have been funded through Kiva. The average loan size is $416.40, and the average Kiva user has made 9.94 loans. Kiva's current repayment rate for all its partners is 98.72%. According to Alexa: The Web Information Company, Kiva's website ranks in the top 12,000 of all websites worldwide and ranks in the top 5,000 for the United States.