Stories tagged with economic development

Apr 4, 2014 US United States
Elizabeth from The Happy Tomato displaying her sauce at Community Investment Collaborative's graduation ceremony in Charlottesville, VA.

It was my first week as a Kiva fellow. A few weeks earlier I left training in San Francisco and my laptop was filled with PDFs and powerpoints; I had all the facts of Kiva Zip down. In my mind, I knew that this was an innovative loan product; 0% interest loans crowdfunded by lenders around the world. Oh, and did I mention that the loan was 0% interest? That was the best part of... Continue Reading >>
Mar 3, 2014 MZ Mozambique
Carlos, a single father to a chronically-ill child, is building a house with his Kiva loan so he can start a small store in his home.


When I lend on Kiva, I want to support a budding entrepreneur, someone that shows innovation in their small-scale business, has big dreams and is now able to run after them. I like to imagine that as a Kiva lender, I am a small part of a catalytic process that opens the floodgates to the borrower’s success. I lend because I want to do something selfless, however when it... 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 >>
Jul 7, 2013 US United States

Jessie Goldenberg, owner of Nomad: The Wandering Fashion Boutique...

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Jul 7, 2013 US United States
View from my balcony

I set foot in Richmond for the first time, ever, about 5 weeks ago and it has certainly been a journey, and a great one to say the least. I was like a sea turtle that just came out of its shell and didn’t know which way the ocean was. I know that’s quite the cheesy analogy, but it just popped into my head and I’m sticking with it! Think of the ocean as the economic development landscape in... Continue Reading >>
Mar 3, 2013 MN Mongolia

Munkhbayar, the Kiva Coordinator, promoting Kiva loans at Transcapital

Last week I started visiting some of Kiva’s borrowers with Transcapital, one of Kiva’s field partners that I’m working with here in Mongolia. While it was really encouraging to see Transcapital’s enthusiasm for Kiva at the head office as well as its various branch offices around Ulaanbaatar (UB), the new insights I’ve gained on urban poverty—both from these visits as well as just day-to-day life here—have...

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Dec 12, 2012

” After weeks of headline news about the Arab Spring, we seem to have forgotten the man who started it all: Mohamed Bouazizi, the  [26 year old] Tunisian fruit vendor who set himself on fire after police confiscated his small cart.  It was Mr. Bouazizi, a microentrepreneur, who sparked this revolution in a single act of protest against the same harsh economic realities shared by the majority of citizens across the Arab world.” ~ Elissa McCarter, Vice President of Development Finance, CHF International

... Continue Reading >>