Kiva is a 501(c)(3) nonprofit, based in California, with a 4 out of 4 star rating from Charity Navigator. Sustainability, transparency and efficiency are at the core of our work, our mission and our financial model.
Kiva never takes a fee from lenders, which means 100% of the funds you lend on Kiva go to supporting borrowers’ loans. We also do not charge any interest or fees to borrowers or our Field Partners working on the ground in more than 80 countries.
“Neither Kiva nor Kiva lenders make any money from the loans they facilitate. Because of this, Kiva is able to partner with groups based on social motive, rather than profit motive.” The Guardian
Kiva covers operating costs primarily through the generosity of our lenders, who can choose to make donations in addition to loans. We cover more than two-thirds of our operating costs through these voluntary donations from Kiva lenders. The remainder of our costs are covered through grants and donations from foundations and supporters.
This model of fundraising helps promote sustainability, by keeping our fundraising costs low and tapping into the power of the crowd to help cover our costs.
Kiva's staff and volunteers work hard to ensure every dollar donated to Kiva is used efficiently, and we’ve received recognition for our commitment in these areas:
A broad breakdown of our revenue and expenses is outlined below, with more detailed information in our IRS filings, audited financials and annual reports, found at the bottom of the page.
How Kiva makes money
How Kiva spends money
While making a loan on Kiva may seem like a simple thing, there’s a lot that goes on behind the scenes. As such, Kiva is structured as 3 separate entities: