A vision for a financially inclusive world More than 1.7 billion people globally lack access to financial products and services. This means that an aspiring entrepreneur with a great concept for a business can’t get the funding needed to start that business. It also prevents people from getting loans to cover expenses like school tuition, farming equipment, and medical care. Kiva is a global nonprofit organization whose mission is to expand financial access to help underserved communities thrive. They do this by crowdfunding loans and unlocking capital for the underserved, improving the quality and cost of financial services, and addressing the underlying barriers to financial access around the world. Kiva originated as a digital marketplace where individuals can lend as little as US$25 to entrepreneurs around the globe who have limited access to capital. To date, more than 2 million individual lenders have supported nearly 4 million borrowers with more than US$1.5 billion in lending across more than 75 countries. More than 80 percent of borrowers are women. More recently, Kiva created Kiva Protocol—a secure, open-source digital identity platform that enables individuals to verify informal and formal past financial history. With just a thumbprint, users can record their financial transactions, transfer that information between institutions, and gain access to banking products and services, including social safety net services. Cisco’s support has been critical to Kiva’s growth, providing seed funding and then continued funding for Kiva’s lending platform and Kiva Protocol. We are also supporting Kiva’s work to expand support for minority small business owners in the United States, where Kiva now operates in 46 states. More than 60 percent of U.S. borrowers are women, 60 percent are ethnic minorities, and 82 percent of borrowing businesses are profitable. FUTURE INTRO POWER INCLUSIVE 2021 Cisco Purpose Report | csr.cisco.com | ESG Reporting Hub 72