Wednesday, November 04, 2009

Kiva Surpasses US$100,000,000 in Loans

Around 2pm on 31 October, 2009 (Happy Halloween for those in the U.S.), Kiva hit a major milestone:

in loans raised.

It's a wonderful accomplishment involving 584,189 Kiva Lenders in our first 4 years of operations. What's even more amazing to me is that it took over 1 year to raise our first $1 million . This year alone, we're on track to raise nearly $60 million. On behalf of the volunteers, staff, microfinance field partners and the entrepreneurs they serve -- thank you and congrats to Kiva Lenders for reaching this incredible milestone!


Congratulations to Kiva and all of those involved - Staff, MFI Partners, Lenders and especially the Borrowers.  I'm proud to have played a part in this significant goal, as well as the AASFSHNR Lending Team's reaching of our goal of being the first (of hopefully many) Lending Teams to lend US$1m.


The Outspoken Wookie

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