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?
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