Stories tagged with Kiva Zip

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 >>
Aug 8, 2013 GO Global Update
Steven McAlpin handing Senator Warner his own personalized walking stick.

Steven McAlpin, founder of Canes for Courage and Kiva Zip borrower, jumped on stage as Josh from United Virginia was giving his speech, and gave Senator Warner one of his hand carved customized walking sticks with the words “Kiva Virginia” and “Senator Warner” engraved. This was one of many exciting moments that occurred at the Kiva City Richmond launch that took place Monday July 29th. Richmond happily became the 7th Kiva City in the U.S... Continue Reading >>
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 >>
Jul 7, 2013 KE Kenya



I arrived to a tiny, dusty roadside stand with three wooden stalls and a few locals hanging around.  This was Matutu, a small village in Western Kenya.  I hoped this Matutu anyway.  There were no signs, and it isn’t on Google maps.  A boda boda driver took me to my meeting point.  A school somewhere nearby.
 
 
As we drove down the dusty, dirt roads, I was mesmerized by the scenery of lush, green, rolling hills.  And the locals were equally enamored with me.  Group after group of children running behind... Continue Reading >>

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