May 2008 Archives

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Really...who can get enough of Senerita? Ok, I'm biased. I spent a bunch of time with her and her husband a fell in love with their kind and open spirits. This video clip is based on an interview with Karil Daniels, an independent filmmaker from San Francisco who has made a bunch of grants through Kiva to women entrepreneurs around the world. Because she used an Advanta business credit card on the Kiva site, Advanta invited her to come to Philadelphia to meet Senerita, one of the recipients of her grants. It was the first time that a Kiva borrower and a Kiva lender met in the US. I had the chance to spend time with them together in the city. You can see some of the pictures from one of the series of posts from 'Senerita's story.' (click here for some of the story and pictures)
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kiva-thumb-225x120-thumb-350x240.jpgKnowledge@Wharton has a great piece on the impact of Kiva.org.  Interestingly enough, the cofounders of the site -- Matt and Jessica Flannery - got a lot of pushback when they initially pitched the idea; that is, venture capitalists thought it would not scale, attorneys were guarded and non-profits were skeptical (was this just another dot-com idea to make a mint?)

Of course, such stuff is moot now.  By all accounts, Kiva.org is a huge success and it continues to grow apace.  There are even imitators, such as eBay's MicroPlace.

And, according to Knowledge@Wharton:

"Kiva mixes the entrepreneurial daring of Google with the do-gooder ethos of Bono, the lead singer of the rock band U2. And with it, the Flannerys have managed to merge two recent socio-economic trends -- social networking and microfinance."

Click here to check out the full piece.

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about schmidt.jpgJake De Grazia, on his blog, 'A More Perfect Market,' has a cool post about 'Epic Change,' an organization that "helps people in need share their stories to acquire resources that will change their lives."

Jake says, "Epic Change is part of the next generation of the Ndugu Model." It's good to remember that there are other organizations creatively leveraging social media and other technology to make it easier for us to connect with people in need around the world.

So what is the Ndugu model? Jake continues...

"If anyone has ever seen About Schmidt you'll remember Ndugu. In the movie, Warren Schmidt, a newly retired midwestern widower played by Jack Nicholson, is up late one night watching TV, when he sees an ad for a sponsor a child type charity. Searching for purpose in his post-career, post-marraige life, he makes an impulse donation and, days later, gets a thick envelope in the mail telling him that he has adopted Ndugu, a Tanzanian first grader. The package encourages him to contact Ndugu directly and leads him to write a stream of hysterically and touchingly long letters about the trials, tribulations, life, and legacy of Warren Schmidt.

So. The Ndugu Model: direct support to individuals, philanthropy brought to life by human contact and return interaction. This being the '90s, instead of letters, checks, print photographs, and drawings in the mail, we have video streaming and blogs and mobile devices beaming OMG LOLs across continents.

And, either way, whether in its old sponsor a child form or in its more scalable online instantiations, the model's good. It pulls small donors deep into causes. It educates. It inspires. It engages. It reminds everyone that we can all contribute; we can all make meaningful change."

Jake then goes to say that "Kiva deserves a lot of credit for putting the online Ndugu Model on the map."

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For anyone who followed Senerita's amazing journey to the US in April during the KivaB4B launch, this short video gives a powerful glimpse into her day to day life. It's quite moving. Enjoy. 
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ADVFN.jpgI stumbled across a blog today that directs a portion of all of its subscription fees to Kiva loans. Declan Fallon, through his blog 'Fallond Stock Picks', has supported 55 entrepreneurs through his site.  What a great idea. Building up a loan portfolio (check it out) of that many borrowers must be incredibly satisfying for the business owner. It also gives him another reason to connect with his customers/subscribers. Go Declan! I wonder which other businesses/websites are doing something similar. I wonder who's generating the most loans through similar programs. If you know of any, let us know.
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Thumbnail image for katya2.jpgKatya Andresen, who is a vice president of marketing at Network for Good, is an expert on nonprofits (for example, she's the author of Robin Hood Marketing: Stealing Corporate Savvy to Sell Just Causes). 

This week, she's going to be a guest advisor on our sister site, Ideablob.com.  You can get more information here.

By the way, Katya has a well-followed blog.  Click here to check it out.

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Thumbnail image for ashoka.jpg

More and more, we are seeing social entrepreneurs (in fact, you will see many of them on our sister site, Ideablob.com). 

To get some background on this trend, there's a good piece on HeraldNet.com. 

So, what is a social entrepreneur?  According to Ashoka (which is a global organization of about 2,000 social entrepreneurs): 

"individuals with innovative solutions to society's most pressing social problems. Rather than leaving societal needs to the government or business sectors, social entrepreneurs find what is not working and solve the problem by changing the system."

There's also a new book on the topic; that is, David Bornstein's How to Change the World: Social Entrepreneurs and the Power of New Ideas, Updated Edition.

To get more information, click here to check out the article in HeraldNet.com.

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Getting the Vibe

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socialvibe.jpgWhile at the Digital Hollywood conference, I had a chance to meet up with upstart company, SocialVibe.com.

Essentially, it's a combination of social media (especially Facebook and MySpace ) with consumer brands and causes. 

That is, you select a charity to support as well as a brand (some include Coca-Cola, NBA, Sprint and NestlĂ©).  The result is that you can earn points for charitable donations.

It's an interesting concept.  And so far, the site has raised about $30,000 for 14 charities like the World Wildlife Fund, PETA, charity:water, One Laptop Per Child, Surfrider Foundation, Direct Relief International, Partnership for a Drug-Free America, Invisible Children and Donors Choose.

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Of course, Inc. Magazine has a website and, of course, that website has a blog. It might be called Fresh Inc., but regardless it's their staff blog. Inc.com, in collaboration with Mansueto Ventures -- the company that publishes the print and online editions of Inc. and Fast Company -- sponsored some entrepreneurs through Kiva.  Tamara Schweitzer said, "I wanted to provide readers with as many details as possible about the day-to-day lives of small business owners in developing countries and how exactly access to microfinance was impacting their operations."

Many of my posts on this blog documented my travels and experiences with Senerita, a loan recipient from Samoa who came to the US to meet the woman who gave her a loan through Kiva. Tamara's post reminded me of why Kiva is so unique. Making a loan (or officially a grant) through Kiva is really a unique opportunity to feel the impact of your intention. Tamara's post provides a wonderful glimpse into the life of a loan recipient. I heartily recommend the post.

Click here for the jump.
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shah.jpgThis week, on the Nightly Business Report, there was an interview with the president of Kiva, Premal Shah.  He gave his views on the ominous price increases of food products. 

Keep in mind that about one billion people make only $1 per day.  So, when prices for necessities increase, the impact can be devastating.

Also, what does this mean for entrepreneurs in the Third World?

You can check out the transcript of the interview at PBS.com.

 

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Last year, my plans to find the perfect Mother's Day gift floundered in procrastination. More flowers? Some chachkie that would sit on some shelf in some bathroom? Wasn't very inspiring. At about that time, Advanta was starting to explore its relationship with Kiva.org and I had one of those brilliant flashes that I wish happened much more regularly.

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A Kiva gift certficate! What a great idea!!!


My mother was planning a trip to Africa and what better gift than the opportunity to browse through a long list of African borrowers and choose one. I called my brother and sister, clearly genetically pre-disposed to procrastination as well, and the three of us contributed to buy a Kiva Gift Certificate. She loved it, of course, and the gift has become the ultimate fall back for the last minute shopper (me). My father is now a Kiva lender and anyone lined up for gifts from me in the future will be as well.


Oh...and Kiva gift certificates for your best customers?? 
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Kristof.jpgReaders are always asking Nicholas D. Kristof from the New York Times how they can help. In this short video, he recommends kiva.org to his readers as a way for them to help fight poverty. He makes it personal by visiting the baker in Kabul that he made a loan to. This is a great little video if you want to introduce the concept to someone unfamiliar with microcredit and Kiva.

Click Here for the video on NYT.com


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facebook.jpgFor several social networks - such as Facebook and MySpace - there's been hypergrowth.  So, might these platforms be a way for non-profits to raise money?

Well, according to LinuxInsider.com, it looks like that's the case.

Simply put, social networks have turned into many subgroups - some of which are devoted to their causes.  In fact, there are a variety of social networks that are focused on philanthropy:  YourCause.com, HopeEquity.org and Kevin Bacon's SixDegrees.org.

Basically, with a social network, a nonprofit can help with things like news and events.  It's also an easy way for members to get more members.

And, with resources like PayPal, it's fairly easy to take donations.

For more on this, click here to check out the full article.

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Matt Flannery, CEO and co-founder of Kiva.org was recently interviewed by the Harvard Political Review (Link Here).

hprbanner4.jpgIt's a great interview, but the final question generated a very interesting response about the ability of technology to unlock peoples' generosity and to empower them in the face of so much injustice. The empowerment, he claims, comes from ease of use. Is it all about the user experience?

Harvard Political Review:  What has Kiva taught you about the world and about social entrepreneurship?
Matt Flannery:  My experience working at Kiva has taught me that people are a lot more motivated and generous than you think. If you merely provide an easy way for them to channel their social motivation, their generosity is something you can unlock; if you really tap into the source, it's really powerful. When I started Kiva, I was quite pessimistic about its potential. My mind has been changed and I've been just blown away. People were looking to reach out to other people in this way--they just didn't have the opportunity. They felt disempowered. Technology and the internet can allow normal people to feel empowered again, and that's been really exciting for me.

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About this Archive

This page is an archive of entries from May 2008 listed from newest to oldest.

April 2008 is the previous archive.

June 2008 is the next archive.

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