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8I Consent 2013 1021
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8I Consent 2013 1021
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Last modified
10/25/2013 9:20:21 AM
Creation date
10/16/2013 4:10:54 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
10/21/2013
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PERM
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_CCAgenda 2013 1021 RG
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\City Clerk\City Council\Agenda Packets\2013\Packet 2013 1021
Reso 2013-137
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Path:
\City Clerk\City Council\Resolutions\2013
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Kiva Zip | Frequently Asked Questions <br />https://zip.kiva.org/faq[8/27/2013 9:42:15 AM] <br />Kiva is a non-profit organization with a mission to connect people through lending to alleviate poverty. Leveraging the internet and a worldwide <br />network of microfinance institutions, Kiva lets individuals lend as little as $5 to help create opportunity around the world. Find out more at <br />www.kiva.org . <br />What is microfinance? <br />Please see the main Kiva website for more information on microfinance . <br />How are Kiva and Kiva Zip related? <br />Kiva Zip is a small project, launched by Kiva, to test a more direct lending model than currently used by Kiva.org. In its Alpha testing stage, Kiva <br />Zip will operate separately from www.kiva.org . <br />Why did Kiva launch Kiva Zip? <br />Kiva’s mission is to connect people through lending to alleviate poverty, empowering individuals to create opportunity for themselves and others <br />through safe, affordable access to capital. To that end, Kiva has been discussing and debating different direct lending models since its founding, <br />to enhance the relationship between the lender and the borrower, and to expand access to capital to a wider population. Since the beginning, <br />Kiva has been determined to remain on the forefront of technological and financial innovation in the social sector. Now that Kiva is a more <br />mature organization, the Kiva management team feels Kiva has the resources and the talent required to start testing these ambitious ideas, to <br />rapidly pilot and deploy (or reject) new projects. Kiva Zip is one instance of this entrepreneurial approach. <br />How will the project interact with Kiva.org? <br />The Kiva Zip sub-domain is separate from Kiva.org. Assuming the Kiva Zip project continues to go well, the long-term plan is to integrate Kiva <br />Zip into the main www.kiva.org website. <br />Innovations in person-to-person lending © 2005 - 2012 Kiva. All rights reserved. Kiva is a U.S. 501(c)3 non-profit organization. <br />Kiva FAQ Terms of Use Privacy Policy <br />Lending through Kiva Zip involves risk of principal loss. Neither Kiva Zip nor Kiva Zip trustees guarantee repayment nor do they offer a financial return on your loan.
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