KIVA LOANS
Loans With Kiva
Spartan Global also provides microloans through Kiva, an online lending platform. You can learn more about how we work with Kiva here. Since we started lending in 2009, Spartan Global alone has extended over $38,000 with an average loan of just $46. Combined with our Kiva lending team, we have extended 3,000+ microloans worth over $100,000. See some of our most recent loans below!
Recent Microloans With Field Partners
Spartan Global Development Fund (SGDF) expands economic opportunities for entrepreneurs in developing communities through Kiva microloans and direct lending partnerships with field partners. By providing access to capital, SGDF helps entrepreneurs grow their businesses, strengthen local economies, and create lasting opportunities for their families and communities.
To date, SGDF’s lending initiatives have distributed over $240,500 in microloans. This total includes 50% through Kiva loans managed by SGDF’s student organization, 37% through the Kiva Network, and 13% through direct loans via SGDF’s field partners. Across the Spartan Global Development Network, more than 4,500 loans have been made to entrepreneurs in 88 countries, with an average loan amount of approximately $54.
Below, we highlight some of SGDF’s most recent loans and the continued impact they are creating through entrepreneurship and sustainable, community-driven development.
Walter Mejia
Coffee roaster and processor.
Loan amount: $1,500
Loan period: 12 months
Walter has used this loan from Spartan Global to purchase more raw coffee so he can expand his coffee processing business.
Maria Jose Falla
Bakery owner
Loan: $1,039
Loan period: 12 months (repaid)
Maria used her loan to purchase an industrial mixer and baking supplies to start her business.
Johanna Garcia
Restaurant owner
Loan: $1,000
Loan period: 12 months (repaid)
Johanna used her loan to purchase a pizza oven, chairs, and tables to expand her tortilla shop into a full restaurant, called Las Tres Valientes
Take Action
These recent loans have been made possible through the generous support of our sponsors. If you are inspired by these stories and our work, please consider donating to Spartan Global. Your generous contributions allow us to continue supporting aspiring entrepreneurs - 100% of donations are used to support microloans.
