On 31 March 2015, Maybank Kim Eng and Kiva launched a landmark partnership for ASEAN in a collaboration that will impact the lives of more than 10,000 micro-entrepreneurs across the region. This partnership is an expansion of the Trade[&Give] initiative in Malaysia, in its effort to provide underserved entrepreneurs with funds and access to knowledge, ideas, technology, as well as new markets.
As Maybank Kim Eng's flagship shared value programme, Trade[&Give] serves to unveil opportunities for micro-entrepreneurs across ASEAN.
A non-profit organization, Kiva connects millions of people around the world through lending to alleviate poverty. As the first and largest micro-lending platform on the Internet, it enables individuals to financially empower others with loans as small as USD25, across over 80 countries. To date, Kiva has facilitated over USD750 million in loans to over 1.6 million borrowers, helping them start and grow businesses, improve homes, pay for education, and build brighter futures for their families.
Incorporating the idea of inclusive development, the partnership between Maybank Kim Eng and Kiva hopes to bring businesses and communities together successfully.
Every trade you make can now make a difference in the lives of others. Maybank Kim Eng will set aside a percentage of our brokerage fees for you to contribute to an entrepreneur of their choice. By doing so, you will empower them by helping them become more self-sufficient.
4 Simple Steps
- Open a trading account with Maybank Kim Eng.
- Make your first trade.
- Receive a USD25 Kiva voucher via email.
- Log in to Kiva's website and select an entrepreneur whom you wish to help.
Terms and Conditions
- Applicable to new and existing clients who open a KE Trade, KE Trade Prefunded, Margin, CFD or LFX account with Maybank Kim Eng between 1 January and 31 December 2017.
- First trade must be executed between 1 January and 31 December 2017.
- Kiva vouchers will be sent to the client’s respective email address as per Maybank Kim Eng's records by the end of the following month from the trade, starting from February 2017.
Click here to view the full list of terms and conditions.
Since young, Marta has worked alongside her family in the production of candles. In addition she sells handmade clothing such as güipiles (traditional Guatemalan weavings) with specific designs from the area of San Pedro.
In the beginning, her candles were only for sale in San Pedro, where she lives. As her businss but then began to sell them in nearby towns like Chimaltenango, Pachalum, and San Antonio Aguas Calientes. When she has time, she always weaves at home.
As her business has grown, Marta sees the potential that more capital can offer. In spite of the economic situation, she has continued working hard and struggling, although her candle workshop still lacks many things. With her loan she will invest in purchasing materials such as wax, the basic material used to make the candles.
In addition, the cost of the thread that she uses to make the güipiles has risen. She would like to use part of her loan to purchase thread in bulk so that she has enough materials to meet the demands of her clients who continue to place orders. Her goal is to continue moving forward so that she can provide for her children and improve their situation day by day.
La Unión, El Salvador
Abraham is 27 years old and single. He lives with his mother and helps her with the household expenses. He has worked in agriculture since he was a child, and is also a mason's helper.
A loan of USD1,100 will enable him to purchase fertilizers, compost, and pesticides to apply to his corn crops. It will also enable him to install a proper irrigation system. Abraham hopes to produce a good harvest with the resources he will have with the loan.
Click here to view the full list of entrepreneurs.