Kiva is a nonprofit organization founded in 2006 that is funded via individual and corporate donations. Their mission is to alleviate poverty and connect people by funding loans. So far, Kiva has reached borrowers in 82 countries, and 1.7 million Kiva lenders have lent over a billion dollars to family businesses. Their goal is to reach 2 million people soon and lend the next 1 billion dollars in a shorter amount of time.

Borrowers

3.1M

Countries

81

Loans funded

$1.26B

Repayment rate

96.8%

Problem
Kiva extends its loan-giving ability through third parties such as microfinance institutions, schools, or social enterprises. Kiva fellows and partnership managers currently use a comprehensive excel tool to assess the financial compliance, health, and fairness of these third party organizations. However, this tool is difficult to use and understand, making it “universally hated” by Kiva employees and volunteers.
Solution
We worked with Kiva to create an intuitive web application that consists of three main features: creating a new loan, searching for a loan, and admin tools to manage and cleanly processes the critical inputs and outputs an accurate APR rate, repayment schedule, and loan payment visualization. The interface also allows for saving loans and pulling up previously saved loans to view, duplicate, or edit. The admin tools allows the overarching lists of approved Field Partners and Loan Themes are able to be modified.

Kiva extends its loan-giving ability through third parties such as microfinance institutions, schools, or social enterprises. Kiva fellows and partnership managers currently use a comprehensive excel tool to assess the financial compliance, health, and fairness of these third party organizations. However, this tool is difficult to use and understand, making it “universally hated” by Kiva employees and volunteers.

We worked with Kiva to create an intuitive web application that consists of three main features: creating a new loan, searching for a loan, and admin tools to manage and cleanly processes the critical inputs and outputs an accurate APR rate, repayment schedule, and loan payment visualization. The interface also allows for saving loans and pulling up previously saved loans to view, duplicate, or edit. The admin tools allows the overarching lists of approved Field Partners and Loan Themes are able to be modified.

Project Team
David Chang

David Chang
Product Manager

Megha Mallya

Megha Mallya
Tech Lead

Dean Lin

Dean Lin
Software Developer

Roy Chiu

Roy Chiu
Software Developer

Angad Garg

Angad Garg
Software Developer

Betty Shen

Betty Shen
Softwre Developer

Alan Fang

Alan Fang
Software Developer

Jamie Paterson

Jamie Paterson
Software Developer