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Stories tagged with innovation
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Bolivia is one of the poorest countries in the world, and like... Continue Reading >>
A key component of Kiva's efforts to connect people throughout the world is to partner with trustworthy and high-impact organizations. While there are many notable microfinance institutions, not all meet Kiva's standards of being a Kiva Field Partner.
Not Just Microcredit Kiva Field Partners go beyond providing sustainable microcredit services. In order to highlight their outstanding efforts to serve their community's needs, Kiva created the Social Performance Badges. Using the Social Performance Task Force's ... Continue Reading >>
Its been 10 months since I left my previous job in Los Angeles and had the privilege to become a Kiva Fellow. I began working in beautiful Kenya and am now in colorful Colombia. Though geographically far apart, there are more similarities between the two countries than one might think.
Before I became a Kiva Fellow I was only an occassional lender with some dangerous assumptions about Kiva borrowers. These assumptions perpetuated my ignorance of borrower's creativity and business prowess. More importantly, they limited me from increasing my lending portfolio and thus limiting my impact on people's lives.
It has taken me 2 months in Kenya to... Continue Reading >>
MEET JESSIE GOLDENBERG: entrepreneur, New Yorker, and - as of today, Feb 25, 2013 - Kiva Zip’s 150th crowd-funded startup in the US.
Jessie is a smart, resourceful, double-shift working Brooklynite and NYU graduate. Her 6 month old business idea - turning a used 14-footer truck into a mobile fashion boutique that tours festivals, markets and college campuses called NOMAD - is already revenue-generating. So it begs the question: why did someone like Jessie...Continue Reading >>
By Irene Fung | KF19 | India
Water and Sanitation may not be the first issue that people associate with Kiva. Entrepreneurs scoop up most of the headlines in micro-finance, but when it comes to alleviating poverty, other less publicized loan products are equally important. In fact, Kiva is committed to increasing peoples’ access to financial services to facilitate the development of water and sanitation, a key development challenge.
India has felt this challenge acutely with 67% of the rural households lacking any access to sanitation facilities. In Odisha, India...Continue Reading >>
Laura Sellmansberger | KF19 | Uganda
Kiva recognizes the unique power of the interest-free capital it provides through its lenders. The zero-interest aspect of Kiva’s loans enables its partners to act boldly and to try new things, to go the extra mile to reach new groups of people, and to fund loans that Kiva characterizes as highly catalytic. Kiva uses the term ...Continue Reading >>