Stories tagged with Kiva Zip

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 US United States

Chef Garrick

 

“Nobody believed in me. They told me I couldn’t do it,” said Garrick, owner of Mason Catering...

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Feb 2, 2014 US United States

Pittsburgh is so hot right now.

Not literally, since the Iron City is experiencing its harshest winter in over 20 years, but in terms of livability, affordability, and romance, Pittsburgh is going through a surge of positive media coverage for an amazing economic turnaround.

This is, in part, due to the efforts of local entrepreneurs opening new businesses in various Pittsburgh neighborhoods. Harry Geyer of The Wheel Mill is the perfect example. His vision for an indoor bike park materialized in the spring of 2013, and was helped along by a Kiva Zip loan late... Continue Reading >>
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 KE Kenya
One of the essential parts of the Kiva Zip model is the Trustee. Trustees are the organizations or individuals that work directly with Kiva Zip and help identify and support borrowers throughout the loan cycle. What those Trustees all have in common is that they are motivated by helping people and changing lives. Apart from that common vision, Trustees can differ a lot in terms of the services they provide. I have identified another commonality among several Kenyan Trustees, though - they not only help people but also the environment!

The Challenge
One...

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Nov 11, 2013 KE Kenya

According to UN Habitat, of the four million people who live in Nairobi, over 60% live in slums, 78% of which do not have running water in their homes. Many struggle to pay their rent of $10-35 per month and rarely have enough food to eat. Their children are very lucky if they are consistently able to attend school. For those in better conditions, this reality becomes all the more confronting when these people are your friends and relatives. 

So, when Davis Mkoji got a call in early 2012 inviting him to test...

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Aug 8, 2013 US United States


When I was first assigned to Newark for my Kiva fellowship, I didn’t know what to expect.  I live in Manhattan and up until that point the only time I had been to Newark was to go to the airport.  My first introduction to the real Newark was through a group of local organizations that serve as trustees with Kiva Zip.  Kiva Zip trustees are responsible for sourcing Kiva Zip borrowers, reviewing their business and personal finances, vouching for their character, and publicly endorsing them on the Kiva Zip website. 
 
I met with a number of... Continue Reading >>
Aug 8, 2013 KE Kenya
It’s a warm Sunday afternoon and I’m hiking in a volcanic gorge just outside Hells Gate National Park in Naivasha. A slender Maasai man named Joe is guiding my friend and I up the steep, slippery walls of hardened lava. After climbing a steep cliff, we sit down at the top to take in a view of Kenya’s stunning Rift Valley. Joe asks us for how long we are visiting.

“I’m here for awhile,” I reply. “I’m working with a company that helps people get loans.”

Not surprisingly,...

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Aug 8, 2013 US United States
Jonath Colon and his colleagues at the Hispanic Metropolitan Chamber


The Hispanic Metropolitan Chamber is a non-profit organization that focuses economic advancement for the Latino and Hispanic community in Oregon and Southwest Washington. Based in Portland, the Chamber is one of the few that does actual technical assistance work: they offer one-to-one technical assistance for small business owners, host monthly luncheons for networking, conduct business seminars, offer and facilitate scholarships... Continue Reading >>

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