Endorsed by former President Bill Clinton and Oprah Winfrey, among others, Fenwick & West pro bono partner Kiva is a nonprofit organization dedicated to alleviating poverty by connecting people through lending. An individual may lend as little as $25, and one hundred percent of that loan is sent to microfinance institutions, which provide the loan to people without access to traditional banking systems. Founded in 2005, Kiva has overseen $223 million in lending to more than 577,000 entrepreneurs in 59 countries around the world. Fenwick attorneys offer pro bono counsel on the multitude of legal issues that the nonprofit faces every day, from tax and finance laws to employment and securities laws.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.