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Do It Online.(microcredit, Kiva.org )(Brief article)
Byline: JESSICA BENNETT
Microfinancing for poor entrepreneurs is one of the hottest ideas for helping the developing world, particularly since its founding thinker, Muhammad Yunus, won the 2006 Nobel Peace Prize. Global demand for microcredit is estimated at up to $300 billion a year, however, so Yunus's Bangladesh-based Grameen Bank can't possibly reach them all. But the Internet can. Alex Counts, president of the Grameen Foundation, calls the Net's potential "tremendous."
Kiva.org is perhaps the leader in the field of microcredit online. Launched just over a year ago by two California idealists, Kiva ("unity" in Swahili) started out listing just seven Ugandan entrepreneurs as applicants, and has since brokered $2.5 million in ...
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...with problems," he said. Even Kiva's nine full-time employees...Olana Hirsch Khan, who joined Kiva in May after six years at Google...Yunus, won last year's Nobel Peace Prize. Nevertheless, he calls Kiva's Bay Area home a "huge advantage...
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...Muhammad Yunus won the Nobel Peace Prize in 2006 for pioneering the idea...Now a newly booming website, kiva.org, has made microlending...contributions into larger loans. Kiva connects people willing to invest...projects in the Third World. Kiva users can choose an entrepreneur...
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...Calif., Aug. 19 /PRNewswire/ -- KIVA Software Corporation, the leading provider...announced the immediate availability of KIVA Enterprise Server(TM) for Sun's newest...workgroup server, the Enterprise(TM) 450. KIVA Enterprise Server and Sun's Enterprise...
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- Press release article from: PR Newswire July 8, 1997 700+ words
...VIEW, Calif., July 8 /PRNewswire/ -- KIVA Software Corporation, the leading provider...Second round contributors include all of KIVA Software's original investors -- Discovery...financing brings the total capital invested in KIVA Software to $13.9 million. "We are...
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- Press release article from: PR Newswire October 27, 1997 700+ words
...MOUNTAIN VIEW, Calif., Oct. 27 /PRNewswire/ -- KIVA Software Corporation, the leading provider of...solutions, today announced three new products, KIVA Enterprise Server(TM) 2.0, KIVA Developer Studio(TM) 2.0, and KIVA Extension...