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Kiva Zip in the US, 2013 Review
- 1. 2013 Together, our smallteam, and our epic community of thousands of users, have achieved a lot in 2013. In this holiday season we wanted to take a moment to celebrate some of these collective successes.
- 2. In 2013, 15,558 people Crowdfunded $1,663,705of loans 410 To financially excluded U.S. entrepreneurs looking to make a positive social impact in our world.
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- 4. Gerald is theproud owner of Young G’s Barbecue Sauce, based out of Waterloo, Iowa. During his time in Afghanistan, he told four of his fellow soldiers that if he made it back home, he would start his own business using his family’s secret recipe. With the help of his trustee, the Institute for Veterans and Military Families, Gerald took out a $2,000 Kiva Zip loan… …to purchase a new computer and new parts and labor for his service truck. He has now repaid 67% of his loan to his 32 lenders, on time.
- 5. Kyle is theentrepreneur behind Indosole, based in San Francisco. Indosole saves tires from landfill sites in Indonesia, and turns them into shoes and sandals. To-date, they have saved over 8,000 tires, and provided jobs to over 40 Balinese artisans. Kyle took out a $5,000 Kiva Zip loan in 2012, paid it back on time, and then took out a $10,000 loan in October. Kyle was endorsed by his trustee, long-time Kiva lender, Justin Curzi… …and crowdfunded by 349 lenders from around the world.
- 6. Robert’s business, PaperClouds Apparel, raises funds for special needs schools, while showcasing the creative minds and artistic abilities of individuals with special needs. Robert takes artwork created by individuals with special needs, and transfers it to a shirt. 50% of the profit from every shirt sold goes to the special needs school or organization that gave him the art. Robert’s Kiva Zip loan was endorsed by his trustee SEED SPOT, a social enterprise incubator located in Phoenix. Over the last year, SEED SPOT have endorsed 11 Kiva Zip loans for $50,000 with a 98% repayment rate.
- 7. For Chris, organic farmingstarted as a hobby, became a passion, and has been an obsession ever since. Little Rock Urban Farming has a new vision for agriculture in Arkansas. They are actively engaging their community about the need to address public health with sustainable agriculture. Chris’ $10,000 Kiva Zip loan was funded by 126 lenders, as part of our Little Rock Kiva City launch in March.
- 8. These 368 loanswere endorsed by 270 trustees Throughout 40 states And are paying back with an 87% repayment rate.
- 9. All Kiva Ziploans have an interest rate of:
- 10. It’s been agreat year for getting the word out about Kiva Zip… P. Kevin Morley/Times-Dispatch Senator Mark Warner helps to launch Kiva Zip in Richmond, VA in July Kiva Zip borrower Anna Tvelova on the front page of the SF Chronicle Forbes announces a partnership between Kiva Zip and Etsy Oakland Local celebrates the City of Oakland becoming a Kiva Zip trustee Bill Clinton announces Kiva Zip’s launch in Little Rock, Arkansas Senator Cory Booker & Kiva President Premal Shah launch Kiva Zip in Newark NBC coverage of Kiva Zip’s first loans in Flint, Michigan
- 11. …And a greatyear for our borrowers getting the word out about their small businesses to our community of lenders. 40,537 connections made between borrowers and lenders… …that’s 99 per loan 11,671 comments exchanged between Kiva Zip users Countless new customers, business advisers and brand ambassadors for Kiva Zip borrowers.
- 12. So from allof us on the Kiva Zip team… THANK YOU!!! To all of you in our community…
- 13. Our lenders Our trustees Ourborrowers Our funders
- 14. Help us growour impact in 2014 www.KivaZip.org ContactZip@kiva.org Make a $25 loan To one of the financially excluded and socially impactful entrepreneurs on Kiva Zip. Take a loan To help launch or grow your business. First loans can be up to $5,000, at 0% interest. Become a trustee Vouch for an entrepreneur in your community, and enable them to access a Kiva Zip loan.