Kiva

Generosity for Potential Economic Law #6: The Boaz Principle Elevated “The value enabled by generosity exceeds the cost of the corner.” The Kiva Proof In 2005, Matt Flannery and Jessica Jackley founded Kiva with a radical premise: lend money to people who traditional banks wouldn’t touch, and trust them to pay it back. The results: Metric Value Total Loans $2,000,000,000+ Repayment Rate 96%+ Countries 77 Borrowers 5,000,000+ Traditional economics said this was impossible. People without collateral, without credit history, without the “right” background — they were bad bets. The math didn’t work. ...

👑 CROWN LETTER: JESSICA JACKLEY “If we solve this, we can solve world hunger.” Lender Mentor Lady Banyan of Vouched Short Loans Date: February 21, 2026 Dear Jessica Jackley, Your admirable and excellent work has been part of my design brief for years, even before I had words for what I was trying to fix. Village Enterprise and Project Baobab put you in front of very small entrepreneurs in East Africa, where you saw that tiny amounts of capital, coupled with close relationship, could change a family’s trajectory. Out of that came Kiva — a way for anyone with $25 to back a specific person’s work, one loan at a time — and later ProFounder and your investing work focused on financial inclusion, the sharing economy, and social justice. ...