What happened to the microfinance organization Kiva?, in MIT Technology Review

In 2021, hundreds of small-scale microfinance lenders who use the San Francisco-based website Kiva.org to fund entrepreneurial loans in poor countries went on strike. They refused to lend more money through Kiva, claiming that the organization had made dramatic changes that put their bottom line over the financial health of microfinance borrowers they purported to support. Are the striking lenders right about Kiva fundamentally shifting–or are the organization’s changes emblematic of deeper shifts across the microfinance industry?

View article.

Previous
Previous

How Microfinance Became the ‘It’ Development Program, in The Nation

Next
Next

Why the country’s largest shellfish farm is struggling to hire and retain workers, in The Guardian/High Country News