{"id":16231,"date":"2022-06-20T07:45:31","date_gmt":"2022-06-20T07:45:31","guid":{"rendered":"https:\/\/www.battleface.com\/blog\/?p=16231"},"modified":"2022-06-30T12:18:10","modified_gmt":"2022-06-30T12:18:10","slug":"world-refugee-day-kiva-microloans","status":"publish","type":"post","link":"https:\/\/www.battleface.com\/blog\/world-refugee-day-kiva-microloans\/","title":{"rendered":"World Refugee Day \u2014 Kiva microloans"},"content":{"rendered":"Approx read: <\/span> 2<\/span> mins<\/span><\/span>

Changing a life is as simple as contributing to a Kiva microloan.
\n<\/strong><\/h2>\n

With Kiva, refugees and internally displaced people can begin to rebuild their lives.<\/h3>\n

The 1.9 million-strong community of microlenders have impacted people in 77 countries. This includes refugees, who often face challenges in traditional business sectors.<\/p>\n

\"\"<\/p>\n

Why refugees need Kiva<\/h4>\n

Without a fixed address and a verifiable in-country credit history, many refugees don\u2019t qualify for loans from traditional banks. Official business communication is almost always in host-country legalese, never easy for someone new to a language, even with a translation app.<\/p>\n

Kiva offers microloans to people underserved by banking systems.<\/p>\n

While banking in or near refugee camps may be a male-dominated space, 81 percent of Kiva borrowers are female.<\/p>\n

\"\"<\/p>\n

How it works<\/h4>\n

Businesses or individuals find an entrepreneur or project<\/a> they\u2019d like to support, then loan as little as 25 dollars. Goals get reached due to crowdfunding. Lenders can track progress<\/a> through the website. The repayment rate, according to Kiva, is 96 percent. Once the loan is repaid, lenders can cash out or reinvest the loan.<\/p>\n

Lenders can make a one-time loan or set up a monthly investment plan through the Monthly Good<\/a> programme, which allocates funds according to lender preferences.<\/p>\n

Kiva relies on field partners<\/a> to vet candidates to ensure success.<\/p>\n

\"\"<\/p>\n

How does Kiva support refugees?<\/h4>\n

Kiva lenders crowdfund an average of $2.5 million in loans each week. This includes funds for education, small businesses, farming, and more.<\/p>\n

Because Kiva connects with regional refugee groups, displaced people can access the application process in their own languages and can rely on a local support system<\/a> for navigating paperwork. Working with field partners, Kiva has supported refugee lending since 2016, dispersing over $23 million to more than 27,000 displaced people.<\/p>\n

\"\"<\/p>\n

How does battleface support refugees through Kiva?<\/h4>\n

As a Kiva Lending Team, battleface supports refugees and internationally displaced persons through individual donations and loan matching incentives. A member since 2019, the company has participated in over 2,000 projects supporting education, agriculture, food, retail, and clothing across 38 countries.<\/p>\n

You can find details on the project here.<\/a><\/p>\n

Support refugees and internally displaced persons by <\/em>making a loan on Kiva today.<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Changing a life is as simple as contributing to a Kiva microloan. With Kiva, refugees and internally displaced people can begin to rebuild their lives. The 1.9 million-strong community of microlenders have impacted people in 77 countries. This includes refugees, who often face challenges in traditional business sectors. Why refugees need Kiva Without a fixed […]<\/p>\n","protected":false},"author":1,"featured_media":16232,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1294,1534],"tags":[],"class_list":["post-16231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-social-impact"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.battleface.com\/blog\/wp-json\/wp\/v2\/posts\/16231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.battleface.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.battleface.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.battleface.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.battleface.com\/blog\/wp-json\/wp\/v2\/comments?post=16231"}],"version-history":[{"count":2,"href":"https:\/\/www.battleface.com\/blog\/wp-json\/wp\/v2\/posts\/16231\/revisions"}],"predecessor-version":[{"id":16238,"href":"https:\/\/www.battleface.com\/blog\/wp-json\/wp\/v2\/posts\/16231\/revisions\/16238"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.battleface.com\/blog\/wp-json\/wp\/v2\/media\/16232"}],"wp:attachment":[{"href":"https:\/\/www.battleface.com\/blog\/wp-json\/wp\/v2\/media?parent=16231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.battleface.com\/blog\/wp-json\/wp\/v2\/categories?post=16231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.battleface.com\/blog\/wp-json\/wp\/v2\/tags?post=16231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}