Loans that change lives.
“Kiva is a simple concept
that can change a person's life.”
- Oprah Winfrey
What is Kiva?
"We envision a world where all people hold the power
to create opportunity for themselves and others" - Kiva
Kiva is an international nonprofit, founded in 2005.
With a mission to connect people through lending to alleviate poverty.
They celebrate and support people looking to create a better future for themselves, their families and their communities.
By lending through Kiva, we can help a start up business, farmers, empower movements,
grow businesses, help farmers purchase clean energy or realize their full potential.
100% of every dollar lent on Kiva goes to funding loans. We support Kiva
through seperate donations.
Why Nomics works with Kiva?
"Give a person a fish and you feed them for a day;
Teach a person to fish and you feed them for a lifetime"
Through micro financing individuals, we are able to support businesses in developing countries
and focus our donations on sustainability, community developments
and the education of coffee farmers all over the world.
When the farmer or community pay us back we are then able to re-lend the money to another person
in need creating the perfect circle to empower people out of poverty.
Every month Nomics lend a 10% of our profits to a chosen cause.
2. Kiva transfers funds to local partners. Partners disburse loans to each business.
3. Over time, partners collect repayments and provide business updates to kiva which are published online.
4. Funds are returned to Nomics
where we then reinvest into another person in need.
1. Nomics selects a chosen person, business or community to lend to and pays direct to kiva.