Kiva and Visa announced a $1 million partnership that will focus on expanding the opportunities for small businesses to benefit from microloans. Specifically, Visa and Kiva will work together on extending the reach of microfinance to more U.S. small businesses, including helping Kiva expand, as it is doing today with ACCIÓN Texas-Louisiana. Visa and Kiva will also work to drive more awareness about the availability of microloans among U.S. small businesses and commission a study on the challenges and opportunities of growing microfinance in the U.S.
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Karen Kerrigan, President & CEO