Monday, May 21, 2007

Kiva.org is awarded $345,000 grant from Kellogg Foundation

Congratulations!

Kiva.org has received a $345,000 grant, to be distributed over 2 years, to fund Kiva.org's due diligence program.

The W.K. Kellogg Foundation was established in 1930 "to help people help themselves through the practical applications of knowledge and resources to improve their quality of life and that of future generations." To achieve the greatest impact, the Foundation targets its grants toward specific areas. These include: health; food systems and rural development; youth and education; and philanthropy and volunteerism. Within these areas, attention is given to exploring learning opportunities in leadership; information and communication technology; capitalizing on diversity; and social and economic community development.

We are incredibly grateful to the W.K. Kellogg Foundation for their support through this generous grant, which is allocated to Kiva.org's due diligence program. These funds will help us expand our portfolio of Field Partners, connecting Kiva Lenders with entrepreneurs in more countries through more MFIs.

Well done team!