Project Development Funded By Kiva
About Kiva :
Kiva is an international foundation and one of the largest foundations working in the field of MF. Kiva since its inception in 2005, the number of borrowers has reached about 3.7M borrowers in more than 75 countries and 1.9M lenders, about $1.51B loans funded through Kiva, with a repayment rate of about 96.0%. Kiva follows the policy of having only one partner in each country, and Together Association for Development and Environment (TADE) in Upper Egypt has been able to be the official and only partner of the Kiva Foundation in Egypt.
MF services in cooperation with Kiva:
Together Association has been working with Kiva since December 2014, TADE works in the governorates of Minia and Bani Suef to finance projects for females headed households and youth through starting new projects or developing their existing projects through a qualified loans team.
Whereas, the value of project loans provided to the beneficiaries starts from (1000 – 50,000 L.E) for the projects, according to the feasibility study and the social case study of the beneficiary by the association’s work team.
The Association, during its work in rural and semi-urban areas, focuses on projects (agricultural – commercial – production – service), which are small projects to increase the income of families with limited income and provide job opportunities for youth.
- Improving the economic conditions of the owners of starting and existing small and micro-projects that need expansion
- Creating new opportunities for young men and females headed households.
- Build the capacities of the owners of small and micro-projects through training presented and the experiences presented to them by the work team.
- Achieving development in agricultural projects of which Minia governorate is characteristic.
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