Prior to becoming a Kiva Zip Fellow, I had not seen examples of microlending in the U.S. and initially questioned what kind of impact a Kiva microloan could have here compared to countries in which a dollar stretches much further. However, after serving three months as a fellow in Newark, NJ, I have seen first-hand the power each Kiva Zip loan has.
While creative and determined small business owners abound in this country, 3,000 of them are turned down for loans by banks every day. The need for capital is great and Kiva Zip...
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