Kiva • Global non-profit founded in 2005 in San Francisco • Uses crowd-funding to finance micro-loans • Has facilitated $1.5+ billion in loans in 90+ countries • Loan repayment rate of 95.7% Goals • Make it easy for the unbanked to get digital ID • Let the informal sector share credit history with banks • Help the unbanked open bank accounts and get loans Approach 1. Solve a two-sided problem: ID and data 2. Find the gaps in the process 3. Work with stakeholders to build a network 4. Choose a platform for fast, cheap and secure ID exchange 5. Involve local communities in a test project Results • Africa’s first decentralized national ID system went live in 2019 • After Sierra Leone, will roll out to other countries • eKYC can verify a customer ID in 5 seconds • System requires onl

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