Posted: December 30th, 2021
Compose a 500 words assignment on kiva as a non-profit organization. Needs to be plagiarism free! ?Kiva
Since Kiva is a non-profit organization. the mission of the company is to eliminate poverty from different countries and for this purpose, the company provides loan to those people wanting to start their own enterprise with the help of loan. The company was founded in 2005 and now it is working in more than 63 countries around the globe [Kiv12]. There are several reasons that are responsible for the success of Kiva in which the most important is the social network of the company created through the internet. This system helps millions of people to communicate with each other and with MFI, which provide lending to the people [Zen12]. Another reason of Kiva’s success is the popularity of micro financing for small investors and this financing motivates them to start their own business, and then payback the amount. The internet has benefited the company as there are no entry barriers and this is because company has been able to reach globally. The method of the transaction is easy and fast which is another advantage for the company. Many international celebrities are also responsible for the success of Kiva as they regularly supports the cause of the company by participating in different events organized by Kiva [Zen12].
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