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As a Kenyan-based recipient of a Kiva DSE loan earlier this year, I can personally attest to the value the program brings to innovative, early-stage social enterprises in developing countries. We have been a business for over 5 years, and despite desperate attempts we only managed to secure a loan from a local microfinance bank for a maximum of about $20k USD at an interest rate of 20%, almost prohibitively expensive. Kiva's team was very easy to work with for their DSE loan, and it was funded via their platform in about one week and the money was efficiently disbursed - something I cannot say confidently about other social investors and definitely not about any local bank. The interest-free financing is incredibly helpful and crucial to help us prove out our high-impact, innovative business model and attract additional capital necessary to bring our business to scale.