Kiva Fellows Josh Bull & Sierra Visher

1. Kiva FellowsJosh Bull& Sierra Visher

2. Kiva Vision, Mission and Values • Vision Everyone connected. Everyone empowered. • Mission Kiva’s mission is to connect people through lending for the sake of alleviating poverty. • Core Beliefs and Values 1) The Power of Microfinance 2) Partnership Relationships 3) Transparency 4) The Spread of Technology 5) Lending is Connecting 6) Sustainability 7) Industry Inclusion

3. Birth of Person-to-Person Microfinance

4. What Kiva Does Exactly

5. Kiva 101: How does it work? Online marketplace Internet Lender Local Partner (MFI) Entrepreneur Money Information

6. Attention: this is a real person!

7. Meet some lenders

8. +330,000 social investors have lent +$44 million in first 3 years. 5 yr goal = $1 Billion • Other Key Stats • Growth: $1M loans every 10 days. • Risk: 3.5% delinquency rate / < 0.5% default rate • MFI Portfolio: 97 MFIs in 42 countries. Growing 3 a month. • Traffic: 100,000 site visitors a week. • Organization: 30 employees / +400 volunteers • Leverage: Platform raises $10 in loans for every $1 donated.

9. History of the Kiva Fellows Program • History of the Program • The program was started in the summer of 2007 in order to help mitigate risk. • Total # of Kiva Fellows: 91 • Total # of KF Placements: 133 • # of Countries: 31 • # of MFIs that have hosted KFs: • Ages range from 21 through 65 • KF1: pre-launch of the program –1 placement • KF2: Summer 2007 – 18 placements • KF3: Fall 2007 – 18 placements • KF4: Spring 2008 – 29 placements • KF5: Summer 2008 – 31 placements • KF6: Fall 2008 – 36 placements • The Future • Success Metrics, Brand for Microfinance, Breeding the next generation of microfinance professionals

10. Kiva Fellows Program Vision Statement The Kiva Fellows Program ignites passion in our fellows to engage in microfinance and empowers them be a voice for Kiva and our field partners. Fellows gain in-field microfinance experience, and an appreciation of the innovative and purposeful grassroots efforts that our network of MFIs implement through their work on Kiva. Kiva motivates our fellows to seek ways that they can add value to our partnerships and to Kiva. We challenge them to view microfinance both in its successes and struggles from the ground up.

11. Key Stakeholders of the Kiva Fellow Kiva’s Borrowers and Lenders: Your journal entries, borrower profiles and blog entries will help build the rich content that bridges our borrowers and lenders and makes Kiva’s model work! Kiva’s Field Partners (aka Host MFIs): Your work in the field will be directed towards helping your host microfinance institution (MFI) to maximize and leverage its partnership with Kiva. Kiva’s Team: As a Kiva Fellow, your work will help support and serve the Kiva.org product, mission and continual improvement.

12. Competing Interests MFI Fellowship Duties Lender Borrower Kiva

13. Where does the Kiva Fellow fit into the picture? Borrowers FieldPartners KF Kiva.org Lenders

14. Facilitating Connections Borrowers Field Partners KF Kiva.org Lenders

15. How a Kiva Fellow Adds Value • Represent the Lenders • It’s real! • Represent Kiva on the ground • Day to day operations & how Kiva works for the MFI • Represent the MFI to Kiva • Challenges the MFI may not share with Kiva • Represent the Borrowers • Tell their stories, and protecting their dignity and confidentiality

16. How a Kiva Fellow Adds Value 2 1) The Power of Microfinance • KFs engage in microfinance as a tool for poverty alleviation on a very personal level, an experience they will carry with them their entire lives. 2) Partnership Relationships • Strengthening the connections between all stakeholders 3) Transparency • Just being there = transparency 4) The Spread of Technology • Training MFI staff to work with Kiva’s backend technology 5) Lending is Connecting • Content generation • Comments on Journal Updates 6) Sustainability • Documentation – Kiva can’t visit all; getting the real picture • Learning their processes to improve them 7) Industry Inclusion • KFs bring information about how microfinance really works in the field back to Kiva—best practices

17. Impact of the Kiva Fellows Program • KF Coverage at Field Partners • 44 MFIs have hosted Kiva Fellows since the beginning • ~ 50% of our portfolio (if you take out closed and inactive partners) • 94% of MFIs that have had a Kiva Fellow request to have another • Journaling • Kiva Fellows have written 33% of all journals on the site • 5,604 journals written by Kiva Fellows compared to 16,650 journals total • Borrower Profiles • 1,828 borrower profiles by Kiva Fellows (**Not a precise stat, as fellows usually write the biz profiles but give to a Kiva Coordinator to post on the site) • ~50,000 borrower profiles by all

18. How Can You Help? • Kiva Fellows are unpaid, volunteer positions. Each of us are responsible for raising our own funds for our fellowship via grants, savings, or from networks of friends and families. • We have an anonymous donor for this evening who will match whatever we raise up to $1500 !!! • Write a check or give cash (we’ll note how much is given and let the anonymous donor know tonight) • Join a KF support lending team • Finally, we hope everyone gets involved with Kiva - start your own Lending Portfolio!