Visa donates $1M to Kiva for U.S. microloans

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Kiva has appeared on our pages numerous times over the years, but we can't resist sharing news that brought the microloan platform to our attention once more. Just last week, Visa announced that it is donating USD 1 million toward Kiva's loans to U.S. small businesses. The Kiva-Visa partnership will focus on expanding Kiva's existing model to better serve small businesses within the United States. Specific initiatives that will result include a collaborative effort to drive awareness and understanding of microfinance for small businesses, building Kiva's microlending platform to increase capacity to support U.S. small businesses, as well as a…

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