Kiva Protocol enables national-scale financial access

Kiva’s pilot implementation in Sierra Leone models a federated approach alongside regulators, policymakers, and both formal and informal financial service providers.

Aligning all stakeholders behind a holistic, compliant digital identity and eKYC solution enables financial access and inclusion for one of the most unbanked populations on earth.

Our launch in Sierra Leone is in partnership with the Government of Sierra Leone (GoSL), United Nations Capital Development Fund (UNCDF), and the United Nations Development Programme (UNDP).

In Sierra Leone, Kiva Protocol is supporting two primary financial sector enablement initiatives:

  • National Digital Identity Platform, an electronic Know Your Customer (eKYC) utility which enables real-time, secure identity verification and authentication. 
  • Modernized and federated credit transaction reporting through the Bank of Sierra Leone’s Credit Reference Bureau.

Together, these two platforms are designed to enable any Financial Service Provider (FSP) to perform eKYC-compliant onboarding for new customers, and to receive and report financial information associated with a single, unique digital ID.

Over the next five years, Kiva Protocol will scale to new countries with the goal of reaching 250 million individuals worldwide.