MBA communication pracitce Fall 2010

1. HabetMadoyan, Crosby MBA Loans that change lives

2. How much money do you need to change your life, create your future, do something valuable? However there are a lot of people all over the world, who needs just $ 25 dollars to change their future.

3. Microcredit Concept Concept is developed by Muhammad Yunus Usually is very small Is given to people who will never get credit from conventional banks Is more risky Has bigger operational costs Is the best known tool to fight poverty

4. What is www.Kiva.org is unique on-line marketplace for microcredit institutions Here ordinary people can lend money (starting from $ 25) to micro-entrepreneurs Landers are not earning interest Unlike charity, lenders will get their money back

5. Timeline

7. Donate to Kiva

8. Withdraw to PaypalField Partner sends repayments to Kiva Entrepreneur makes repayment

9. How works Here is the person whom you can land money Lend money by one click $ 25 for entry Kiva’s Partner organization Her Story

10. Now

11. Difference between Kiva and Charity Conventional charity $ $ Charitable organization YOU ? $ $ YOU Microcredit organization During credit period You will get field reports about how is your borrower doing. KemPheap Cambodia

12. Difference between Kiva and Charity With Kiva you will get your money back With Kiva you are not just solving current problems of poor people. You have the chance contribute to their future. With Kiva you are not just making charitable giving. You become “business partner” for poor people.

13. Kiva’s 5 Years Growth Plan (2009-2014) Raise $1 billion in loans over the internet Reach 2 million entrepreneurs around the world Realize it’s own self-sufficiency in the process.

14. Conclusion Kiva is operating in 53 countires Total credit portfolio is $ 162 mil. You can make your contribution in fightig poverty just for $ 25 You will get your money back with probability of 99%

15. Reference Kiva – Facts and History http://www.kiva.org/about/facts Muhammad Yunus http://en.wikipedia.org/wiki/Muhammad_Yunus