Supporting a Financially Inclusive World
Ocrolus believes that access to capital can change businesses and change lives. In 2019, through our partners and customers, Ocrolus created a faster application and approval process for over 1.4 million business loans. In fact, over $56.8B in loans were funded using data from the Ocrolus platform in 2019.
In 2020, we want to extend that impact to the neediest people and small businesses across the globe. In partnership with Kiva, Ocrolus has pledged to fund over $100,000 in Kiva-approved, no-interest loans to entrepreneurs looking to create a better future for themselves, their families and their communities. Additionally, Ocrolus is encouraging its customers to contribute to the fund, with a pledge to match customer contributions on top of the company’s core commitment.
Kiva is an international nonprofit, founded in 2005 and based in San Francisco that celebrates and supports people looking to create a better future for themselves, their families and their communities. Kiva’s mission is to help underserved communities thrive by expanding financial access. The Kiva.org online marketplace enables anyone to make zero-interest loans to specific entrepreneurs in over 85 countries.
Through Kiva’s work, students can pay for tuition, women can start businesses, farmers are able to invest in equipment and families can afford needed emergency care. Loans can be as small as $25 on Kiva, as any contribution can make a real difference in someone’s life. 100% of every dollar lent on Kiva goes to funding loans.
Kiva crowdfunds an average of $2.5M in loans each week. As of April 2019, Kiva had lent $1.4 billion in loans.
To discover how you can get involved, visit www.kiva.org.