Due Diligence Information
Kiva partners with a range of organizations, including microfinance organizations (MFIs), social businesses, schools and non-profit organizations. These organizations are united by a common commitment to serve the needs of people at the bottom of the pyramid, either through financial services, or by using credit to help expand access to pro-poor products and services.
Because our partners have a range of financial needs, we have developed a tiered due diligence structure to accommodate organizations' needs. At one end of the spectrum we spend time on-site and conduct an in-depth financial analysis before bringing on a partner - this represents our full due diligence process. At the other end of the spectrum, we allow partners to use Kiva experimentally, at small dollar amounts, before we mutually agree to scale up. For these partners, we do
not know their situation in depth, but we still trust their social mission and intentions. Here is a look at the three tiers of partnership available to organizations:
Full Due Diligence
: Partners with a full due diligence designation are able to raise large dollar amounts on the Kiva website, with credit lines of up to $2,000,000. These partnerships are reviewed and approved on a case-by-case basis by Kiva’s Investment Committee. Full Due Diligence partners will also have an onsite visit by Kiva portfolio staff.
Basic Due Diligence
: Partners with a basic due diligence designation are able to raise mid-sized dollar amounts on the Kiva website, with credit lines of up to $200,000. These partnerships are reviewed and approved on a case-by-case basis by Kiva's Investment Committee.
: Partners with an experimental designation are able to raise small dollar amounts on the Kiva website, with credit lines of up to $20,000. These partnerships are not reviewed by Kiva’s Investment committee, and little due diligence is conducted.
This partnership option is not available to Microfinance Institutions (MFIs) or other organizations whose core activity (current or proposed) is general microlending.
This tiered partnership structure allows Kiva to accommodate a range of organizations, and to conduct up-front due diligence efforts that are commensurate with the financial needs of our partners. As the financial needs of an organization grow, so too can their exposure with Kiva. We encourage "upward mobility" in our partnership structure, and we invest resources in helping organizations grow through our tiered due diligence process.
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