The document provides an annual review and summary of Kiva Zip's accomplishments in 2014. It discusses how Kiva Zip empowered over 33,000 lenders to provide $2.7 million in loans to 574 small business owners. It highlights success stories from borrowers like restaurants, florists, and bakers. Kiva Zip made its 1,000th loan in 2014 and has provided over $5 million in zero-interest loans with $0 in fees. The review summarizes the launch of new Kiva City programs and improving repayment rates from partnerships and social underwriting innovations. It thanks all contributors for helping climb the mountain together.

1. 2014 annual review

3. Cicely Tyson said this:
“I think when you begin to think of
yourself as having achieved something,
then there's nothing left for you to work
towards. I want to believe that there is a
mountain so high that I will spend my
entire life striving to reach the top of it.”

4. …Which is to say that we are striving hard on the Kiva Zip team. And the
mountain we’re climbing is shrouded in clouds.
We want to empower MORE hard-working entrepreneurs with our unique
interest-free, crowdfunded capital to climb their own mountains. But also
to provide better services and support to our Borrowers and Lenders…
…To keep improving our repayment rate. But also to keep expanding access
to capital for people and populations that conventional lenders deem too
risky or expensive to serve.
Cicely Tyson said this:
“I think when you begin to think of
yourself as having achieved something,
then there's nothing left for you to work
towards. I want to believe that there is a
mountain so high that I will spend my
entire life striving to reach the top of it.”

5. But C. P. Cavafy said this:
“Keep Ithaka always in your mind.
Arriving there is what you are destined for.
But do not hurry the journey at all.
Better if it lasts for years, so you are old by
the time you reach the island,
wealthy with all you have gained on the way.”

6. But C. P. Cavafy said this:
“Keep Ithaka always in your mind.
Arriving there is what you are destined for.
But do not hurry the journey at all.
Better if it lasts for years, so you are old by
the time you reach the island,
wealthy with all you have gained on the way.”
…So while we’re just starting out
on our journey, we wanted to
take a moment to reflect on
what we achieved along
the way in 2014.

7. In 2014, 33,218 people crowdfunded
$2,727,400 of loans to 574 U.S. small
business owners looking to make a
positive impact in their communities.

8. Restauranteurs like Jimmy
Clarksville, IN
“Words cannot express the
amount of gratitude everyone
involved is feeling right now.”
$5,000
165 lenders
11 days

9. Florists like Sarah
Detroit, MI
“Kiva Zip is a really
remarkable thing.
Even beyond money,
I've gotten a lot out of
the time spent
meeting neighbors
who have been
stopping to say hi and
voice their support for
this business.”
$5,000
145 lenders
7 days

10. Bakers like Shawn
Oakland, CA
“Just a quick THANKS! To all of my
Lenders. 40%. WOW! You guys rock!”
$5,000
49 lenders
7 days

11. “To my dear friends--thank you so much for your support.
You are the wind at my back, helping me to become who I
am today--I never would have made it here without you.”
$10,000
56 lenders
4 days
Farmers like Kat
Racine, WI

12. We made our 1,000th loan in 2014. Which looks like this…

13. Cumulatively, we have now made over $5 million of loans.
The total amount of interest we
have charged on these loans has
been $0. The total amount of fees
we have charged has also been $0.

14. We launched Kiva City Pittsburgh in March…
Kiva’s President Premal Shah at the
Kiva City Pittsburgh launch
The Evan and Tracy Segal Family Foundation

15. …Kiva City Louisville in November…
Kiva Fellow David Taliaferro introduces
the Mayor of Louisville, Greg Fisher

16. …and Kiva City Philadelphia in December.
Mayor Michael Nutter introduces
Kiva City Philadelphia

17. Our 500th “Trustee” endorsed a Kiva Zip loan in 2014.
Here are the Top 10:
1) Institute for Veterans and
Military Families, Syracuse, NY
2) Mission Economic Develop-
ment Agency, San Francisco, CA
3) Union Kitchen,
Washington, DC
4) The Greenhorns,
Hudson, NY
5) Northern Virginia Family
Service, Falls Church, VA
6) The City of Oakland,
Oakland, CA
7) Centro Community Partners,
Oakland, CA
8) Rebecca Parker,
Portland, OR
9) Rising Tide Capital,
Jersey City, NJ
10) Center for the Acceleration of
African American Business,
St. Louis, MO

18. Our cumulative repayment rate improved from 87.3% to
88.5% in 2014, thanks to our Trustees, and also our
innovations in social underwriting.

19. To all of our borrowers, trustees, funders, staff, fellows, interns and lenders.
THANK YOU for climbing this mountain with us in 2014.
With deep gratitude, the Kiva Zip team :: www.KivaZip.org