Tagged: microloans

Indian Microlending Firm SATYA MicroCapital Ltd Secures Over $13 Million in Equity Funding from Tokyo’s Gojo & Co.

SATYA MicroCapital Ltd, a fast-growing micro-lending firm based in India, has secured INR 105 crore (appr. $13.85 million) in equity funding from Gojo & Company, Inc. This is reportedly one of the first investments in the nation’s microfinance sector after the COVID-19 outbreak, and government-enforced… Read More

Zidisha Founder Julia Kurnia: Loans Incentivizing Achievement Rather than Dependency

At age 22, recent George Washington University grad Julia Kurnia co-founded the world’s first microfinance organization built entirely from crowdfunding capital sourced over the internet, using funds raised from Kiva.org in Senegal, West Africa. She spent the next four years managing U.S. government grants to small businesses in… Read More

Medical Care, Aided by the Crowd

TWO years ago, Chase Adam, a Peace Corps volunteer in Costa Rica, was riding a bus through a town called Watsi, when a woman got on board asking for money. Her son, she said, needed medical attention and she couldn’t pay for it. As the… Read More

Kiva Touches One Million Lives Around the World With Crowdfunded Loans

Kiva, a crowdfunding platform for social good, announced today that it has reached over 1 million people in more than 65 countries through $400 million in microloans. This is a tremendous milestone for the nonprofit organization, which was founded in 2005 to connect people through… Read More

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