Tag: microfinance
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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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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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Is microfinance really helping the poor?
Defeating Global Poverty: Is microfinance really helping the poor? Very good question from KT on post of my recent interview … just the kind of questions I like to ask! We need to have an open dialog on the outputs/results we are expecting/hoping for. Dave, in the interview you mentioned: "microfinance has demonstrated, and it’s…
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Lining Up the Loan Angels
Newsweek: Lining Up the Loan Angels April 9, 2007 issue – Fighting poverty has along and divisive history, but nothing's shaken up the pundits, wonks and windbags like microfinance. The United Nations declared 2005 the year of microcredit—small loans for the penniless—and last year's Nobel Peace Prize went to Muhammad Yunus, founder of the Grameen…
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The Business of Global Poverty
Harvard Business School Working Knowledge: The Business of Global Poverty According to the World Bank, nearly half the world's population—some 2.8 billion people—subsists on $2 a day or less. The number of people living in poverty at the bottom of the wealth pyramid, versus the relative handful at the pyramid's peak, represents what is potentially…
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Kiva in the New York Times
New York Times: Web-Based Microfinancing The idea of microfinancing — small-scale loans to the entrepreneurial-minded poor — reached the front page this fall when the Bangladeshi economist Muhammad Yunus and his Grameen Bank won the Nobel Peace Prize. But now the San Francisco-based nonprofit Kiva.org may have taken the idea a step further: with just…
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Kiva does well, with help from friends
InsideBayArea.com: Kiva does well, with help from friends IF YOU HAVEN'T yet heard of Kiva.org, a San Francisco nonprofit that at just 18 months old is already the leading online microcredit site, you're about to. Its friends in Silicon Valley will make sure of that. Here's how Kiva — which means "unity" in Swahili —…
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Microfinance: Time to take the credit
The Economist: Microfinance: Time to take the credit Aid donors have shown microfinance can work. They should now leave their successes behind. SUCCESS has many fathers. No wonder, then, that paternity suits are flying in microfinance—lending small amounts to help the poor pull themselves out of poverty. Thanks first to charities and, later, international financial…