Prohibitive interest rates, high collateral demands, and informal constraints of the banking system are barriers that exclude vulnerable female micro entrepreneurs to credit. By brokering with innovative and existent solutions, such as Kiva, we intend to address affordable capital to vulnerable entrepreneurs.

1. AFFORDABLE CREDIT TO VULNERABLE
FEMALE MICRO ENTREPRENEURS
LIGADA MOZAMBIQUE

2. Access to
affordable
credit means
entrepreneurs
are able to
afford to repay
their loans

3. Current offer in
Mozambique is scarce
even when existent

4. Vulnerable female
micro entrepreneurs
face formal and
informal barriers
in accessing
traditional credit

5. FORMAL
BARRIERS
TO CREDIT
Prohibitive interest rates;
!
High collateral
requirements;
!
Lack of existent products
adapted for the needs of
target populations.

6. INFORMAL BARRIERS
TO CREDIT
Difficulty in accessing banks;
!
Not flexible banking hours;
!
Women and others
vulnerable individuals do not
feel they can go inside a
bank and ask for the
available products.

7. "ENCOURAGING THE
IMPLEMENTATION OF SUITABLE
PRODUCTS TO THE MEANS OF
LOWER INCOME HOUSEHOLDS
COULD BENEFIT A COMPLETELY
UNASSISTED POPULATION."
!
The World Bank, 2013

8. Crowdfunding
is an innovative
and successful
alternative

9. Ligada will support
increasing the presence of

10. BUT WHAT IS KIVA?

11. Kiva is a lending-based
crowdfunding that connects
social lenders around the
globe willing to provide
affordable capital to
vulnerable entrepreneurs

12. BORROWER STORY
LOAN TERM
FIELD PARTNER
LOAN AMOUNT
BORROWER PICTURE

13. By partnering with an extended network of NGOs, social
enterprises and micro finance institutions, the 11-year-old
online platform has provided $700 millions in affordable
credit for 1.6 million vulnerable borrowers in 86 countries.

14. HOW
DOES IT
WORK?

15. 4. Lenders are able to
provide a minimum
$25 loan to someone
else to support a business.
Kiva aggregates the
money to crowdfund loans
to borrowers and backfill
disbursed amounts.
3. Field partners disburse
loans to borrowers
as they are needed and
then collects their stories
and photos to post on
Kiva's website.
1. Local micro finance
institutions, social
enterprises and NGOs
apply for becoming
Kiva's field partners
2. Partners which fulfill
Kiva's criteria are
selected to receive a
line of credit ranging
from $50,000 to $4MM

16. 5. Field partners collect repayment
from borrowers and any interest
charged to help cover operating
expenses. Kiva does not charge
interest from Field Partners nor
provide interest for lenders
6. Lenders receive repayments
and have the option to withdraw
the money, donate it to help Kiva
cover its operating expenses or
lend it to more borrowers to make
an even bigger impact

17. KIVA'S FIELD
PARTNER CRITERIA

18. Strong commitment
in addressing
vulnerable people’s
needs;
Have at least
$100,000 in assets
or operational
revenue;
Be legally registered
in Mozambique and
capable of
accepting and
repaying – in USD –
the amount lent;

19. Existing risk credit portfolio
feasible to the market context or
be legally prepared to establish a
loan program;
Provide specific proposal to use
Kiva’s credit to finance loans that
have a high social or
environmental impact and at
reasonable interest rates.
Be capable of publishing at least
$50,000 loans on Kiva’s website
in first 12 months;

20. LIGADA
BROKER
ROLE

21. Ligada will support social
institutions engaged with
female economic empowerment
in Mozambique to address Kiva's
criteria and become eligible
to be a field partner and receive

22. MAP
!
Approach and choose
possible field
partners based on
their commitment to
female economic
empowerment
and capability to meet
Kiva’s criteria
SUPPORT
!
Provide field partner
to be with support in
elaborating Kiva's
proposal and
addressing the
bureaucracy needed
KEEP TRACK
Monitoring elected
field partners on
initial steps to
guarantee delivery
and best use of the
credit line
Ligada is going to

23. THANK YOU!
For further information, please contact Iana Barenboim on
iana.barenboim@gmail.com | Skype: ianabaren