Fund vehicle

Kiva Refugee Investment Fund II

Compiled from public sources

Kiva Refugee Investment Fund II, LLC (KRIF II) is an impact-first private credit fund managed by Kiva Capital Management. Launched in 2025 as the successor to the original Kiva Refugee Investment Fund (KRIF), the vehicle provides debt financing and capital to Tier II and Tier III microfinance institutions (MFIs), local financial service providers (FSPs), and social enterprises serving forcibly displaced populations. The fund’s primary mandate is to expand financial inclusion, economic opportunity, and community integration for refugees, internally displaced persons (IDPs), host communities, and populations at risk of forced migration across emerging markets in Latin America, Sub-Saharan Africa, the Middle East, and Asia. In addition to senior and subordinated debt facilities, the platform includes technical capacity-building grants to help local micro-lenders design tailored loan products for refugee borrowers.

Manager

Kiva Capital Management, LLC

Vintage

2025

Strategy

Private Credit

Status

Active