Employees help funding social enterprises

Since 2014, Deutsche Bank has also enabled its employees to become directly involved in the funding of social enterprises. In the United States, every employee has been given a $25 credit that they can loan to a small business borrower of their choice through Kiva.org. So far, 60% have embraced this opportunity. A similar programme in France generated an 80% uptake. To date, Deutsche Bank staff have loaned a total of $193,025 to borrowers in more than 70 countries worldwide. Currently, Deutsche Bank is supporting the launch of the Kiva Zip initiative in New York, which promotes neighbourhood businesses in the United States. In early July, the winning concept was announced: a project submitted by the New York Women's Chamber of Commerce that supports Spanish-speaking entrepreneurs in New York City will receive a $25,000 grant from Deutsche Bank.

distributed by