(BOSTON, MA) – November 12, 2009 – Market research firm Common Sense Advisory announced today it has donated organization-wide research memberships to Kiva.org, the world's first person-to-person micro-lending website. The independent research firm specializes in the online operations driving business globalization, internationalization, translation, interpretation, and localization. By donating an all-access membership it enables Kiva to benefit from the latest statistics and research related to the translation and interpreting industry, including pricing, providers, and new technologies that may help grow the non-profit’s programs globally.
Since its launch, Kiva has become known as "the merger between Microfinance and Web 2.0" due to its ability to create a transparent, connective and affordable option for anyone on the Internet to lend directly to the working poor. Inspired by Mohammad Yunus and Grameen Bank, Kiva's aspiration was to take microfinance online. The organization has been widely recognized as the leader in online microfinance, has attracted a significant base of lenders, borrowers and partners, has built a board of directors and a staff specializing in microfinance and technology, and has received accolades from the press and industry leaders.
“Kiva is a nonprofit organization with a peer-to-peer micro-lending platform, enabling microloans to entrepreneurs throughout the world. We have been running a community translation program for 3 years, and are currently examining options for continuing to scale the program for Kiva’s growing loan volume. Access to Common Sense Advisory’s research will help us to identify and evaluate translation tools and technology, stay current with community translation efforts throughout the industry, and prepare for future localization of Kiva’s public website,” commented Kiva’s Director of Microloan Review and Translation, Naomi Baer.
About Common Sense Advisory
Kiva.org is the world's first person-to-person micro-lending website, empowering individuals to lend directly to an entrepreneur across the globe. Founded in 2005, Kiva.org's mission is to connect people, through lending, to alleviate poverty. Over 500,000 people have loaned more than $100 million to 240,000 entrepreneurs in 49 countries. Currently, loans made through Kiva.org have over a 97% repayment rate. Kiva.org is headquartered in San Francisco.
Common Sense Advisory, Inc. is an independent research and analysis firm specializing in the on- and offline operations driving business globalization, internationalization, translation, interpretation, and localization. Its research, consulting, and training help organizations improve the quality of global business. For more information about Common Sense Advisory's research, reports, and globalization and localization consulting services visit: http://www.commonsenseadvisory.com.