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+“There are no excuses left.START. Start now, not later.         Hurry.”  $100 Startup @ Brick City Tech Meetup, 14 Mar 20...
What is the biggest challenge for your small business in 2012?        Startup Funding                                31%At...
Startup Lendingwithout Charging,without Credit Scores andwithout Collections.                            3
Re-thinkingStartup Lendingwith simple, pervasiveconnective technologies                          4
What IF ?No branches or staff,   0% interest, nozero marginal cost      profit, no feesNo credit               Character &...
0% interest, no                            profit, no fees                            Character &                         ...
Want to help?Spread the word.        SULIN LAU        Kiva Zip New York        Sulin.Lau@fellows.kiva.org        @sulinlau...
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$100 Startup & Kiva Zip: No more excuses- START!

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Why Kiva Zip is using simple, pervasive, connected technologies to change how startup lending works. Kiva Zip is a crowdfunded Zero Interest, Zero Cost-to-Serve, Non-credit scoring loan product with no collections agency. It exists entirely on character and faith, glued together with online connectedness. So whether your business needs a $100 or $5000 there is no excuse to wait to start that startup.

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Transcript of "$100 Startup & Kiva Zip: No more excuses- START!"

  1. 1. +“There are no excuses left.START. Start now, not later. Hurry.” $100 Startup @ Brick City Tech Meetup, 14 Mar 2013 1
  2. 2. What is the biggest challenge for your small business in 2012? Startup Funding 31%Attracting Customers 25% Cashflow/Liquidity 21% Product Innovation 12% Sales & Marketing 11%Source: http://smallbusiness.yahoo.com 2
  3. 3. Startup Lendingwithout Charging,without Credit Scores andwithout Collections. 3
  4. 4. Re-thinkingStartup Lendingwith simple, pervasiveconnective technologies 4
  5. 5. What IF ?No branches or staff, 0% interest, nozero marginal cost profit, no feesNo credit Character &scoring CompetenceNo collections *Trust* viaagency connectednessTarget “risky”/ low Get crowd to fundincome / unsexy /new startups other 5startups lenders cannot
  6. 6. 0% interest, no profit, no fees Character & Competence= No more excuses whether$100 or $5000 startups. *Trust* via connectedness Lend to biz other lenders cannot 6
  7. 7. Want to help?Spread the word. SULIN LAU Kiva Zip New York Sulin.Lau@fellows.kiva.org @sulinlau , @Kiva , @Kivazip Zip.kiva.org +1.415.690.6510
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