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Kiva and how it began.

Kiva and how it began.

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Kiva and how it began.

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  1. Kiva and how it began. Kiva is a lender based website, it allows Lenders like you browse the entrepreneurs’ profiles and choose someone to lend to, using PayPal or their credit cards. The money is then passed by Kiva to their field partners. The field partners manage the distribution of the money and the repayments back to Kiva.

  2. Its founders. Jessica Jackley Matt Flannery

  3. How it grew into what it is today. • Kiva was founded in 2005 by Matt Flannery and Jessica Jackley. Their interest was sparked when they attended a lecture at Stamford Business school by Muhammad Yunus the founder of Grameen Bank. • Jessica went on to work for the non profit organization Village Enterprise Fund, which worked to help small businesses in East Africa. • In Africa the couple interviewed entrepreneurs about their problems , and discovered that finding start-up capital was the biggest issue. • After returning from Africa they developed plans for Micro financing ,which eventually grew into Kiva, which means “unity” in Swahili.

  4. Credits • www.kiva.org • www.youtube.com • www.wiki.org • http://healthywealthynwise.com/images/MattFlannery.jpg • http://www.bschooladmissionsformula.com/wp-content/plugins/wp-o-matic/cache/b47ed_jessica-jackley-kiva.gif

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