Kiva Capital Management announces final close of Kiva Refugee Investment Fund to scale lending to fragile communities globally
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SAN FRANCISCO, April 7, 2021 /PRNewswire/ --
Kiva Capital Management, the impact-first fund management subsidiary of non-profit Kiva.org, announced today the successful final close of the Kiva Refugee Investment Fund, LLC, a $32.5 million facility to scale lending to fragile communities globally.
Capital from the Kiva Refugee Investment Fund ("KRIF") will be invested in partnership with microfinance partners across the Middle East, Africa, and Latin America. KRIF marks the third impact-first investment vehicle closing for Kiva Capital Management in less than a year, following the successful 2020 debut of the California Rebuilding Fund and the Small Business Resilience Fund.