Watch all loans as they happen live online!http://www.kiva.org/live
972,016 entrepreneurs   funded since 20051.3mil registered lendersIn 2012 alone, US$150 mil    crowd-funded loans US$1mil ...
10 minutes, 3 Things                       3
0% interest loan product fundedentirely via online  crowdfunding                      4
Small starter loans up to $5,000 designed for lowincome and/or financially excluded entrepreneurs                         ...
Or ...“Getting ordinary folks to fund loans to those businesses no      banks will lend to.”                              ...
Completely new model of microlending specifically  addressing needs of US micro-entrepreneurs                             ...
Kiva Zip: reinventing small biz borrowing
Kiva Zip: reinventing small biz borrowing
Kiva Zip: reinventing small biz borrowing
Kiva Zip: reinventing small biz borrowing
12
Trust =Character +Competence              13
Kiva Zip “Trustees” and why they matter In the Kiva Zip model of character-based lending, “Trustees” - organizations or in...
How ZIP works: example of Victor, SF                   Victor engages his                    lenders with the             ...
What’s in it for trustees?             If you already work with financially excluded clients Empower     (unproven startup...
1.4mil, 20% UnemploymentGreat local communityprograms stimulatingentrepreneurshipZero Entrepreneurs takingadvantage of 0% ...
10 minutes, 3 Things                       18
0% interest loan product fundedentirely via online  crowdfunding                      19
Small starter loans up to $5,000 designed for lowincome and/or financially excluded entrepreneurs                         ...
Together:we can get work together tofinance good businesses no     banks will lend to.                              21
And finally....If I haven’t run out of timePlay Video: “Crowdfunding Small Business - 1 small loan at a timehttp://youtu.b...
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KIVA ZIP @ Building Business in The Bronx Roundtable: Feb 12 2013

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Sharing the Uniqueness of KIVA Zip (Zip.kiva.org) to the Quarterly Bronx Small Business Roundtable - jointly held every quarter by the White House Business Council, the U.S. General Services Administration, the U.S. Small Business Administration, and Start Small Think Big.

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KIVA ZIP @ Building Business in The Bronx Roundtable: Feb 12 2013

  1. 1. Watch all loans as they happen live online!http://www.kiva.org/live
  2. 2. 972,016 entrepreneurs funded since 20051.3mil registered lendersIn 2012 alone, US$150 mil crowd-funded loans US$1mil every 2.5 days!
  3. 3. 10 minutes, 3 Things 3
  4. 4. 0% interest loan product fundedentirely via online crowdfunding 4
  5. 5. Small starter loans up to $5,000 designed for lowincome and/or financially excluded entrepreneurs 5
  6. 6. Or ...“Getting ordinary folks to fund loans to those businesses no banks will lend to.” 6
  7. 7. Completely new model of microlending specifically addressing needs of US micro-entrepreneurs 7
  8. 8. Kiva Zip: reinventing small biz borrowing
  9. 9. Kiva Zip: reinventing small biz borrowing
  10. 10. Kiva Zip: reinventing small biz borrowing
  11. 11. Kiva Zip: reinventing small biz borrowing
  12. 12. 12
  13. 13. Trust =Character +Competence 13
  14. 14. Kiva Zip “Trustees” and why they matter In the Kiva Zip model of character-based lending, “Trustees” - organizations or individuals that work closely with small entrepreneurs - are absolutely crucial. Trustees are those entrusted to recommend the most trustworthy small businesses for crowds to lend to:-  Identify eligible and deserving borrowers for 0% interest loan  Publicly endorse them on the Kiva Zip website  Support the borrower in their business (advice, mentorship, incubator space, networking)Trustees have no financial risk if a borrower they endorse does notrepay, but their reputation is tied to borrowers’ performance.
  15. 15. How ZIP works: example of Victor, SF Victor engages his lenders with the “conversations” feature Created 5 new part-time jobs Repaid 10 months on time Now applyingfor a second ZIP Lenders can also loan of check out his Yelp profile $10,000
  16. 16. What’s in it for trustees? If you already work with financially excluded clients Empower (unproven startups, or low credit score entrepreneurs)... Clients Kiva Zip will give the clients you endorse access to 0% business loans they would otherwise not qualify for If you already do great work in your community that largely Promote goes unrecognized or unpromoted... what you being a Kiva Zip trustee automatically allows you to promote do your work (in your own words) to >1 mil socially-conscious Kiva lenders everywhere. Also participate in Kiva PR initiatives. If your organization’s potential funders care about tangible Increase impact (businesses helped, $$ generated, jobs created)... Impact, Kiva Zip helps you help more small businesses take off, faster. Help Endorsing a deserving borrower online takes 15min. Reducing Fundraise time and cost for raising capital means you can impact more.
  17. 17. 1.4mil, 20% UnemploymentGreat local communityprograms stimulatingentrepreneurshipZero Entrepreneurs takingadvantage of 0% Zip loansWe’d like to change that,and soon!sulin.lau@fellows.kiva.orgZip.Kiva.Org
  18. 18. 10 minutes, 3 Things 18
  19. 19. 0% interest loan product fundedentirely via online crowdfunding 19
  20. 20. Small starter loans up to $5,000 designed for lowincome and/or financially excluded entrepreneurs 20
  21. 21. Together:we can get work together tofinance good businesses no banks will lend to. 21
  22. 22. And finally....If I haven’t run out of timePlay Video: “Crowdfunding Small Business - 1 small loan at a timehttp://youtu.be/LZRp7CmPpi0 22

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