Stories tagged with United States

Nov 11, 2014 US United States
Statue of Liberty

Kiva lenders make loans to individuals seeking to improve their business. They support expanding access to capital for these entrepreneurs. Most people know Kiva for its work across the globe – but did you know that includes the US? Kiva works with US-based microfinance institutions to address the lack of access to capital small businesses face around the world.

In the US, we hear a lot about the importance of small businesses. The vast majority of these small businesses employ... Continue Reading >>
Jul 7, 2014 GO Global Update
It has been just over three weeks since I started my fellowship with Kiva Zip.

When I first applied to the program, I warned my family and friends that I would most likely be very “out of reach” for four months. Meaning that I would be working in a faraway place in a distant time zone- think Samoa, Togo, Bangladesh, or maybe even some country that I had barely heard of or knew very little about.

It was much to my surprise after finding out I was accepted to be a Kiva Fellow that I was to be placed in Los Angeles working with Kiva Zip. I’m slightly...
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Feb 2, 2014 US United States



Alfredo is the owner of El Sereno Shoe Repair, a small business that has been family owned and operated in East LA for over 30 years and two generations.  He’s a hardworking, old-fashioned shoe cobbler that’s dedicated to serving his community with exceptional quality and customer service.
 
Eighteen years ago, 11-year-old Ezequiel Olvera approached Alfredo with an ask.  Ezequiel explained that he had invested in an old 10-cent gumball machine with the hope of making enough money to attend college.  He asked Alfredo if he’d be willing to... Continue Reading >>
Jan 1, 2014 US United States
E. 1st St. Bridge, Los Angeles


Kiva Zip is an innovative pilot program created by Kiva that uses mobile and electronic payment technology to enable direct, 0% interest loans to financially excluded and socially impactful entrepreneurs.  The loans are crowd-funded on Kiva Zip’s website, where anyone with an Internet connection can lend as little as $5 to a borrower of their choice.
 
One of the principal aims of the program is to expand access to capital... Continue Reading >>
Nov 11, 2013 US United States

As a Kiva Zip fellow, one of the best aspects of the job, aside from helping financially excluded and socially impactful entrepreneurs is the inspiring people you meet along the way. It’s not an exaggeration to say that this ‘goodwill’ amongst people is really infectious.

It begins of course with the staff at Kiva HQ, which is right here in San Francisco, but it extends out into the wider community, where on your search for borrowers and trustees,...
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Jul 7, 2013 US United States

To say that Pittsburgh, Penn. nonprofit Urban Innovation21 is a model trustee is an understatement. Urban Innovation21 has only been a Kiva Zip trustee for four months but has already helped four small businesses get a crowd-funded loan apiece. All of the small businesses, from Tracy's Shear Delight Beauty Salon to Angela's A-1 Business Center, are now on the repayment stage. It's almost too good to believe. How does Urban Innovation21 do it?

... Continue Reading >>
Jul 7, 2013 US United States
When we picture a jungle, we think of a lush green environmentally friendly carbon sequestering ecosystem. While New York City is commonly referred to as the “concrete jungle,” few people know that it has many environmentally friendly attributes such as parks like the Highline and Central Park, and low energy transportation options like the Subway and Citi Bike. In fact, it is more environmentally friendly to live in the Big Apple then it is to live in the suburbs surrounding the city. (Don’t believe me? Check out this article.) And New York’s environmentally... Continue Reading >>
Jul 7, 2013 US United States
Leeretta Payne was speaking to a group of potential Kiva Zip borrowers at the Pittsburgh Public Market last week when she paused and gave a fundamental piece of advice: don't borrow more than you need and know exactly, down to the penny, for what you are going to use the loan. The source of that advice is trustworthy. Payne is the owner and operator of The Legacy Café and a Kiva Zip borrower herself. As she nears the grand opening of her storefront (to be located in August Wilson's childhood home at 1727 Bedford Avenue in Pittsburgh's Hill District), she is ahead of her... Continue Reading >>
Jul 7, 2013 US United States
Kiva Zip held an information session for trustees and borrows at Pittsburgh's Rivers Club on Monday evening. After a surprise speech from Allegheny County Executive Rich Fitzgerald, more than 25 people settled in to learn about the nuts and bolts of what Kiva Zip is and the do's and do not's of the Kiva Zip loan application. What was no surprise was that nearly every attendee came away both interested in becoming a trustee or a borrower and enthusiastic about the possibilities Kiva Zip brings to the greater Pittsburgh metropolitan area. 

Check out my...
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Apr 4, 2013 US United States

By: Abhishesh Adhikari

One of the best parts about my Kiva Fellowship has been the opportunity I get to meet and interact with entrepreneurs. During the 4 months that I spent in Kyrgyzstan, I helped Bai Tushum (Kiva’s partner MFI) launch a new Startup Loan Product and met a wide variety of entrepreneurs all across that country. After I got back from Kyrgyzstan in January, I have been working on a new Kiva project called Kiva Zip, trying to expand it here in Chicago.

Kiva Zip is a new initiative to make interest-free, small business loans to entrepreneurs in...

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