Founded in 2019 by friends and classmates Andrea Gooch, JD Borg, and Melody Jensen, Kindling Kiribati is a microfinance program in South Tarawa, Kiribati.
Quickly joined by Brent Thorn, Dave Hermann, and Ruth Cross, Kindling Kiribati launched a pilot program in the summer of 2019. Today, we seek to “Kindle” the flame of Kiribati by partnering with local organizations and providing insights and support to other international organizations working in Kiribati.
Our history
2019
- Launched in-country intern program
- 300+ participants in our first business class
- 12 microloans issued in our pilot program
- 16 additional loan issues in the fall program
- Hired two female employees for local operations
2022
- 240+ graduates from 10 communities in our classes in South Tarawa
- 176 loans distributed to small women-owned businesses
- 2,502 learning hours taught in our business classes
- $10,000 AUD renewed grant awarded from the Embassy of the People’s Republic of China
2020
- Disbursed $7,900 AUD in loans to 19 women
- Provided 6 loans to repeat borrowers
- $10,000 donation received from Richfield Rotary
- Reassessed and provided flexibility through Covid-19 lockdowns
2023
- Built a sanitation block at the Domestic Violence Center in Tarawa
- 2nd-highest loan year and provided loans to 109 new borrowers
- $83,000 AUD raised through grants and crowdfunding
- Collected loan repayments to full repayment recovery
2021
- First grant received from People’s Republic of China Embassy of Kiribati
- 21 loans provided, 80% repayment rate, 291 average loan size distributed
- 1,000+ learning hours in our business development classes
- Expanded teaching to communities across South Tarawa
2024
- Our journey continues! Kindling Kiribati is actively looking for new partnerships and continues our microfinance program
- Our internship program returns to Kiribati for the first time since COVID-19