Today marks the completion of our first month of loans on Kiva.org!
This first month of Vittana students on Kiva has been met with huge success. Our partners have been posting directly to Kiva’s web platform with ease and educational loans have been wildly popular! Thank you to the Vittana community that continues to support our students and to the Kiva community that has welcomed our students and joined us in our mission.
This month $182,000 worth of Vittana loans were funded and 300 students were supported. This represents one of the most successful months Vittana has had on record. We’ve had trouble keeping up with the demand and many of you have written in sharing that the link we share, kiva.org/vittana was empty. On average our loans were funded in 18.5 hours from when they were posted.
Our partners are benefitting from this quick student funding and increase in the amount of capital available to them. 300 students from 11 countries have already been funded! Many of our MFIs forecast that they will be able to grow their portfolio and reach more students this year because of it. For those that loved the student lending experience, check out Vittana students on Kiva.