Stories tagged with Lending
... Continue Reading >>
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 >>
As a dedicated supporter of Kiva, I love all of the fascinating new loan products and businesses that are financed through Kiva loans; however, after spending over 2 months in Northeastern India, I feel compelled to highlight Kiva Partner WSDS’s loans because the impact and ingenuity of their programs may not be immediately apparent.
WSDS works in Manipur, a small state on the far North... Continue Reading >>
What a journey it has been. On Aug 24 I flew to SF with such anticipation and determination for a life changing experience. I wasn’t disappointed. SF was a week of total emersion in Kiva. It was inspiring to be among such an amazing group of younger people with a passion for alleviating poverty in the world. The average age of a Kiva Fellow at that point was 29. With youth and limited funds they couch surfed, stayed in hostels, mooched off of friends. My hotel was well below the standard Kathleen and I have become accustomed to. I was determined to immerse myself in the...Continue Reading >>
1) Meeting Borrowers
One of the reasons I left my job and became a Kiva Fellow was to see... Continue Reading >>
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 >>