Tag: Kiva
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Micro-loan portal Kiva celebrates 5 years
SFGate.com: Micro-loan portal Kiva celebrates 5 years … Micro-asset financing is a relatively recent innovation in micro-finance – which is best known for small loans issued to people trying to escape poverty by starting a business – and is an example of how the field has explored different loan models. Kiva, celebrating its fifth anniversary…
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Kiva to make microloans inside the U.S.
SFGate.com: Kiva to make microloans inside the U.S. The San Francisco non-profit has arranged microloans for borrowers in Africa and other parts of the developing world since 2005. Now it will also serve borrowers in the U.S. Kiva's lenders loan small amounts of money — the average loan size is $416.09 — to entrepreneurs who…
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Giving Globally: Poverty
Newsweek: Poverty: Cheap Loans at Insanely High Rates? Give Us More What the world needs right now is more subprime lending—a lot more of it. Yes, I know that in the public imagination, subprime lending is the scourge responsible for crippling the U.S. financial system. The massive extension of credit to people who lacked extensive…
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Kiva vs. MicroPlace – What’s the Difference?
World Changing: Kiva vs. MicroPlace – What's the Difference? As P2P Lending News explains, [t]he big difference between MicroPlace and Kiva…is that loans will be securitized (and therefore potentially trade-able), and lenders will earn interest. Unlike Kiva, lenders on MicroPlace invest in microfinance by purchasing securities. Funds generated by these sales are then invested in…
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Pop!Tech – Interview With Kiva’s Jessica Flannery
WorldChanging.com: Pop!Tech – Interview With Kiva's Jessica Flannery Jessica Flannery is, in many ways, an accidental entrepreneur. Had she not met a guy named Matt at a DC conference in 1999, the entire enterprise she's known for (Kiva.org) might not exist today. I was fortunate to be able to sit down with Jessica for an…
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Microlenders jump-start entrepreneurs
Kansan.com: Microlenders jump-start entrepreneurs (You have no idea how objectionable it is for me to post a story from a University of Kansas newspaper, but this should symbolize to you my deep devotion to Kiva. 🙂 ) Nonprofit group Kiva lets volunteers lend money to small business owners in developing countries. After Clinton and the…
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Bill Clinton Goes ‘On the Record’
Fox News – On the Record with Greta Van Susteran: Bill Clinton Goes 'On the Record' I was particularly intrested in this part of the discussion about Kiva. VAN SUSTEREN: Well, that is a little bit like the one of the organizations you talk about in your book, in the new book "Giving," is, Kiva.org,…
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A Guinness for Kiva
Kiva Chronicles: A Guiness for Kiva Kiva was on a program featured on Tuesday's Oprah Show, where she interviewed Bill Clinton about his book on giving. The response has filled every loan request that Kiva had on its site. Jess is in Swaziland. My Dad, Mike Flannery, is in town. Last night, Dad and I…
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Loans to Change Lives
MSNBC: Loans to Change Lives This morning, correspondent John Larson profiled the Web site Kiva.org, which allows everyday people to make small loans ("microloans") to entrepreneurs in developing countries. WATCH VIDEO I was first compelled to visit Kiva last weekend, while reading President Clinton's new book, Giving: How Each of Us Can Change the World…
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Kiva Meets President Clinton and Oprah – Airs Tuesday, Sept. 4
Kiva Chronicles: Chicago For the past 10 months, we have been operating in a state of suspended reality. For the past 2 days, it has felt more like delusion. We just got back from Chicago last night. We spent yesterday morning at Harpo productions for an Oprah show taping. ………. We were in the audience. …