Kiva Zip presentation given at a joint panel with Kiva, Accion Venture Labs, Lenddo. Moderated by Shannjit Singh (technologist, innovation and investment banking consultant for micro/social finance sector). Can learning and applying the same technologies we use to share Space (airbnb), Stuff, and Skills (Skillshare) to unlock wealth from Spare Change into small business growth? Kiva Zip is an experiment to do exactly that. Crowdfunding financially-excluded businesses begins with just $25 of spare change.

1. Technology, Social
Finance and the Future of
Financial Inclusion

2. “We are all familiar with the concept of a
Church with no walls...
...Kiva Zip is a new kind of wonder - a
lending organization with no physical
bank, no profit, and no interest. It exists
purely.....on faith.”
Ted Jefferson, Bronx Shepherds Restoration Corporation introducing
Kiva Zip to fellow leaders of faith-based organizations

4. TECHNOLOGY HUMANITY

5. TECHNOLOGY HUMANITY
Digital Payments
Social Connectivity
Crowdsourcing

6. TECHNOLOGY HUMANITY
Digital Payments Character
Social Connectivity Generosity
Self-Service Human ties

7. TECHNOLOGY HUMANITY
Digital Payments Character
Social Connectivity Generosity
Self-Service Human ties

8. Zero cost to serve
Zero Interest
Crowd-funded Loans
= to small business
borrowers more
“trustworthy”
than their credit score
suggests

9. The Need
9

10. Micro-preneur needs
•Working capital
1 •Lowering cost: buying in bulk,
2 productivity appliances
•Increase scale/revenues
2 •Reliable production quality
•Protection against risks
3 •Fixed startup costs
(renovations, licenses)
4

11. The
Solution:
unlocking wealth
from ‘idle capacity’?

12. share share
Space Skills
share
Stuff

13. share share
Space Skills
share share
Stuff Spare $

14. How Kiva Zip works in practice:
Victor’s Cafeto Coffeeshop
Kiva Zip Story
14

15. Victor, Cafeto and a 0%, $5,000 loan

16. Victor’s ‘trustee’, MEDA

17. MEDA ‘endorsed’ Victor

18. Victor’s
‘crowd’ of
lenders

19. Lenders
expressing
support,
and even
becoming
customers

20. Victor
updating
his
lenders

21. Victor is now 100% repaid…

22. …And he’s applying for a second, larger loan
for his 2nd coffee shop 1 year later!

23. Victor then endorsed his friend Rocio for a loan

24. Examples of Organizations
partnering Kiva Zip as trustees
SYRACUSE UNIVERSITY
Institute for Veterans & Military Families
SEEDSPOT
Incubator, AZ
GREENHORNS
nonprofit, small farm-innovation
Oakland City Church
(Pastor Josh McPaul)
TEAM ETSY LITTLE ROCK
Community Center for African American Business
St Louis, MO
24

25. Future of Financial
Inclusion?
“Anyone”

26. Don’t need a special idea, or great
marketing or videos to get funded
38%
27%
Food
9% Shops
Access, Craft
Contractors, Cleaners, Mechanics
5%7% 8% Farms
tech/apps
7% other

27. LEND $25:
Zip.kiva.org/loans
PARTNER KIVA:
m: sulin.lau@fellows.kiva.org
t: @SulinLau