Kiva: Improving People's Lives, One Small Loan at a Time, Legal Document Translation, Patent Document Translation, Business Document Translation, Technical Document Translation, Academic Document Translation,

Article Information

From: Knowledge@Wharton
Source

Readers: 62 | Updated: 05-29

Kiva: Improving People's Lives, One Small Loan at a Time

Translate Into:

Nearly everyone told Matt and Jessica Flannery that their idea -- a website where people could make micro loans to individual borrowers in the developing world -- wouldn't work. Venture capitalists couldn't see how anyone could make big money on tiny loans. Foundations wouldn't support something that they saw as commerce, not charity. But the Flannerys persisted, and today, the website that they created -- Kiva.org -- has so far assisted about 40,000 borrowers in 40 countries and provided a total of $27 million in funding. Matt Flannery, Kiva's CEO, and Premal Shah, its president, spoke about their business at the recent University of Pennsylvania Microfinance Conference.

Hot

New

Like this article? Click “Recommend” to let others know your interest. Click "Tool Box"-> "Save" to add this article as your favourite.

From The Blogs

Internet Observation 2007	3 essential factors for the decoration of small house One: The color must have the expansion Small house's room color design which likes while fitting, generally may choose the shallow tone, middle color to be the main tone of the furniture and ... 查看全文 2Comments Digg (30)
Life, Health, Furnishings 2007	small black spot Teacher and students play a game, he takes up a white paper with a small black Circular spot on it . The teacher asks what you see, they all answer "black spot".The teacher says in earnest, "this is o... 查看全文 2Comments Digg (20)
World,Fashion, Entertainment 06-21	To Chineses people - when would you be angry ? Suffer from insomnia and I get up from my bed again, I read this following writing in Deng Weibiao's blog.The bank have no responsibility for the fake money out from ATM.Depositors take responsibility... 查看全文 2Comments Digg (8)
The List Universe 05-26	9 Small But Incredibly Dangerous Creatures While the creatures that scare humans most are usually large, it is the smallest that are probably the most dangerous and painful. While we can be thankful that most of us will not experience the suff... 查看全文 Digg (5)
The List Universe 04-22	Top 10 Amazing People Who Cheated Death “Death -oh- Death”. Everybody sing it now. The last cellphone call will be made to us all some day, regardless. Most of us wont know when or where or in what form. The big D has a way of creeping up a... 查看全文 Digg (5)
Frugal Village 04-18	Small details create warm memories photo by tanakawhoFrugality is often about the little things. Even if you think you dont have time to focus on details, minimal effort can have a big impact. Maybe you always meant to make those heart... 查看全文 Digg (4)
The List Universe 05-30	12 Notable People Who Died By Drowning Inspired by some other lists on The List Universe involving deaths of famous people I thought it might be interesting to write a list of well known people that lost their lives by drowning. I tried to... 查看全文 Digg (4)
7P Productions 01-15	The Difference Between Managing and Leading People Source: nickobec Some time ago, I remember going to a kickoff meetingfor a very high profile project that required different departments in the company to cooperate and work together.Each department h... 查看全文 Digg (4)
7P Productions 01-23	How to Make People Follow You Image source: dbking The mass market.Pop culture.Mainstream demographics.These terms do not have the same meanings as they once did, and its even debatable whether theyre even relevant anymore.Now mor... 查看全文 Digg (3)
Life, Health, Furnishings 2007	Perseverance Cheng Maobang is The TaiWan famous enterpriser whose lectures are often overwelmed by fhe audience. He was only graduated from primary school. while he has doctoral scholarship of honorable commeria... 查看全文 1Comments Digg (3)

Elanso

Article Information