Grameen on Kiva Pilot: Grameen America has begun raising funds on Kiva for the past 3 months. This could be the beginning of a significant new channel for Grameen, worldwide.
Popularity/Shortage of Health & Green Projects on Kiva: Kiva has various searchable/browseable categories of loans. Two of the most popular categories are health & green/environment projects. In fact, whenever these projects are listed, they are all quickly funded, causing the following type of message to be commonly displayed: “So many people made these that none are available right now.”
Adding “Social Business” category to Kiva: The popularity & shortage of health/green projects on Kiva demonstrates the high pent-up & unfilled demand to fund projects that positively impact society on multiple dimensions, in addition to the core focus of income generation for the working poor. Grameen could partner with Kiva to add a “Social Business” category to Kiva to gather & feature such projects for funding. And adding Social Businesses, including health projects, from Caldas would be a perfect place to start. The expansion of Grameen “Social Business” & “Health” loans to Kiva would likely grow both 1) the total amount of loans funded on Kiva, and 2) the funding available for Grameen Social & Health businesses in Caldas & beyond.