Recently in Kiva.org Category

0


Thumbnail image for images-2.jpg
J.K. Rowling, author of the best-selling Harry Potter book series, recently gave a great commencement speech at Harvard. In her speech, the second of her two primary themes was the power of imagination. She said, "Imagination is not only the uniquely human capacity to envision that which is not, and therefore the fount of all invention and innovation. In its arguably most transformative and revelatory capacity, it is the power that enables us to empathize with humans whose experiences we have never shared." Making loans to individuals through Kiva actually feeds that part of our imagination...it offers a unique perspective into lives that we will likely never know "in reality



  • Digg it!
  • Add to Del.Icio.Us
  • Add to Technorati
  • Stumble It!
  • Google Bookmarks
  • Facebook
  • Add this post to Reddit
  • Sphere
1
jama-logo.jpg
Jama Software asked themselves a typical business question:

"Where should we invest our marketing budget to create awareness and generate leads for our product in the most cost-effective way?"

The answer they came up with was to get rid of Google Adwords and use the money instead to fund Kiva loans. Why? They explain:

"So, the experiment is to see if we can raise enough awareness and trials through this indirect pr channel to replace the paid search ads on Google - If we can, we'll make it a permanent switch...

We call it the "You Try. We Give. Program." The more people that learn about Jama Software and do a free trial of Contour, the more new customers we sign on. The more our business grows, the more loans we're able to give to Kiva entrepreneurs."

ReadWriteWeb found the post on Jama's Blog...so it seems to be working already.

This is just a great example of how a small business can creatively deploy a cause related marketing program with a nonprofit like Kiva.

  • Digg it!
  • Add to Del.Icio.Us
  • Add to Technorati
  • Stumble It!
  • Google Bookmarks
  • Facebook
  • Add this post to Reddit
  • Sphere
0
babysealclub.jpgFor those of you have never been to a music festival in Northern California, it's hard to put it into words. You have the chance to meet unique people named, 'Noodle,' 'Crystal Head' and 'Bike Hugger.' You may even have a chance to take a 'Hippie Bath,' which I learned is a head to toe spritzing of, in my case, lavender scented holy water. If you are trying to set up a booth, don't depend on finding things very easily. There are good intentions and then there's good organization...and perhaps the two don't always go together.

That said, it was a fascinating experience and we learned a lot about how people respond to microcredit, in general, and Kiva and KivaB4B, in particular.

Our first takeaway was that people love Kiva...see my post 'To Know Kiva is to Love Kiva.'  Talking about KivaB4B and the co-branded card was easy with this group.

However, it wasn't as easy to bridge the gap between some of the other groups we encountered. For example:
  1. There were many folks who had heard of Kiva...they would say something like, "oh, yeah...I remember Kiva. I heard about them on Oprah." 
  2. Then, there were those who had heard of micro credit, but not Kiva.
  3. Finally, there were those who hadn't heard of either, but were pulled in by the 'helping entrepreneurs' message.
Talking about microcredit and Kiva was easy. We could actually invite people into the experience. However, finding a way to take that step to the credit card will take some creative thinking. 
  • Digg it!
  • Add to Del.Icio.Us
  • Add to Technorati
  • Stumble It!
  • Google Bookmarks
  • Facebook
  • Add this post to Reddit
  • Sphere
0

sheknows.jpgNancy Price is the cofounder of SheKnows.com (which got its start in 1999).  She is also a big-time Kiva fan.

For example, she has "helped buy cows in Azerbaijan, food in the Dominican Republic, clothing in Kenya and fund construction in Mexico."  And, of course, it was all from her computer.

Yet, as she notes, the process isn't impersonal.  Basically, on Kiva you can easily search for entrepreneurs and read the profiles.  When you make a loan, you'll also get periodic updates.

She also mentions that Kiva gets a lot of help from PayPal, Google and Yahoo! (such as in terms of processing and advertising).

So click here to check out her post.

  • Digg it!
  • Add to Del.Icio.Us
  • Add to Technorati
  • Stumble It!
  • Google Bookmarks
  • Facebook
  • Add this post to Reddit
  • Sphere
0


This is a cool idea for a company devoted to entrepreneurship. "This past December, Inc.com embarked on an editorial project to cover the rapidly growing phenomenon of microfinance. As a staff, we contributed a modest sum and became lenders on Kiva.org, sponsoring a diverse group of entrepreneurs that includes Phal An, as well as business owners located in Peru, Ecuador, Uganda, Tanzania, and Tajikistan. Updates on these entrepreneurs and their businesses and how they are using their loans are being posted frequently on a new Inc.com blog called "The Kiva Connection."

The most recent post is a great interview with a rice winemaker from Cambodia. Link here.
  • Digg it!
  • Add to Del.Icio.Us
  • Add to Technorati
  • Stumble It!
  • Google Bookmarks
  • Facebook
  • Add this post to Reddit
  • Sphere
0


clickadvisor.jpgPaul Marsden on his ClickAdvisor blog wrote a very flattering post about Advanta's two latest initiatives, ideablob.com and kivaB4B. He referred to them as 'crowdsourcing' and 'crowdfunding' platforms. I hadn't heard the term 'crowdfunding' before, but it definitely describes Kiva well.

I don't think we could have gotten a quote as supportive as this even if we went out a did a pay for blog post kind of program (hmmm....how much do those cost?). Paul says,  "In a nutshell, we think kivab4b is brilliant. We just wish Advanta cards were available in the UK - we'd change credit card providers in a flash for this, it's brilliant marketing, smart use of digital media, and exemplary CSR. Other brands - particularly, financial services brands, could learn from this..." 
  • Digg it!
  • Add to Del.Icio.Us
  • Add to Technorati
  • Stumble It!
  • Google Bookmarks
  • Facebook
  • Add this post to Reddit
  • Sphere
0
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)
  • Digg it!
  • Add to Del.Icio.Us
  • Add to Technorati
  • Stumble It!
  • Google Bookmarks
  • Facebook
  • Add this post to Reddit
  • Sphere
0

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.

  • Digg it!
  • Add to Del.Icio.Us
  • Add to Technorati
  • Stumble It!
  • Google Bookmarks
  • Facebook
  • Add this post to Reddit
  • Sphere
0
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.
  • Digg it!
  • Add to Del.Icio.Us
  • Add to Technorati
  • Stumble It!
  • Google Bookmarks
  • Facebook
  • Add this post to Reddit
  • Sphere
0

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.

 

  • Digg it!
  • Add to Del.Icio.Us
  • Add to Technorati
  • Stumble It!
  • Google Bookmarks
  • Facebook
  • Add this post to Reddit
  • Sphere

About this Archive

This page is a archive of recent entries in the Kiva.org category.

KivaB4B is the previous category.

Microfinance is the next category.

Find recent content on the main index or look in the archives to find all content.

Kiva.org: Monthly Archives