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Letter from Matt & Premal

In 2005, Kiva was founded with a mission to connect people, through lending, to alleviate poverty. Six years later, we are just beginning.

In 2011, we made significant strides, and as a result have many meaningful firsts, milestones achieved and inspiring statistics to share. We are excited to bring these to life through our first-ever Annual Report!

Kiva is a place full of entrepreneurs and their stories. As an entrepreneurial organization, we are sharing our story here. It’s a story that includes the guidance of our board, the commitment of our staff, the contributions of volunteers and the unbridled generosity of our lenders.

Kiva’s highest value is transparency. This means that we communicate works in progress — both successes and failures — along the way. So accept us in that light — a work in progress. With your help, we can make great, great progress in the years to come.

On behalf of our borrowers and the entire Kiva team, thank you.

Matt Flannery, Co-Founder and CEO
Premal Shah, President

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