“Kiva lets you connect with and loan money to unique entrepreneurs in the developing world. By choosing a loan on Kiva, you can “sponsor a business” and help the world’s working poor make great strides towards economic independence. Throughout the course of the loan (usually 6-12 months), you can receive email journal updates from the entrepreneur you’ve sponsored. As loans are repaid, you get your loan money back.”
(Source: Kiva.org)
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 08/01/10 | Series A | 5M | Unknown |
People
Geoff Davis (Board Member)
Jenny Stein (Board Member)
Tabreez Verjee (Board Member)
Alex Edelstein (CEO, Founder)
Leslie Crutchfield (Board Member)
Competitors
i-lend:
india's first online lending portal See Company Profile »
Janta Loans:
Janta's mission is to alleviate extreme poverty by increasing access to education. With your help, we… See Company Profile »
Changents:
Changents connects Agents of Change with a fan base of Backers around the world, enabling them… See Company Profile »
Change.org:
Change.org is a social entrepreneurship venture based in San Francisco, CA. Today as citizens of the… See Company Profile »
MyC4:
MyC4 raises capital for African entrepreneurs, and in so doing is striving to become a significant… See Company Profile »
News
Benevolent’s approach to crowdfunding lifts low-income Americans out of poverty
May 6, 2013 7:23 pm
Crowdfunding can help execute creative visions, make business dreams come true, and fund medical procedures. Benevolent is using this power… Continue reading 〉
Crowdcases says its ‘crowd of designers’ can change the world (exclusive)
May 5, 2013 11:52 pm
New York-based Crowdcases wants to bring together a community of designers to raise funds for nonprofit organizations. Each week, the startup picks a… Continue reading 〉
‘The startup is you!’ Upstart gets $5.9M to help investors back college grads
April 22, 2013 4:00 pm
Upstart, the startup that can help recent graduates step off the treadmill of a corporate career, just closed its first round… Continue reading 〉
