Craigslist Foundation Kiva Presentation

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Premal Shah

Tecnología Diseño

Kiva 101 Internet Lender Online marketplace Local Partner (MFI) Entrepreneur Money Information

+345,000 social investors have lent + $45 million in first 3 years. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],5 yr goal = $1 Billion

Kiva applies 3 “Web 2.0” principles to philanthropy ,[object Object],[object Object],[object Object]

Create an “Addictive” User Experience ,[object Object]

How Kiva tries to make it “Easy” Designed for everyday people, not affluent experts See your impact in human terms Low cost to entry Quick and easy checkout

How Kiva tries to make it “Fun” Rich user generated content, changing fast... Loans are fully funded in hours Transactions happen every 18 seconds… Real time un-edited updates… Randomized “1 minute of fame “ + Lending Teams…

For some, Kiva is becoming very addictive!

Be ‘Radically Transparent’ Transparency  Authenticity  Trust

Kiva and Radical Transparency Paying for Kiva’s overhead is an explicit choice

Kiva and Radical Transparency Data inaccuracy and defaults are made explicit

“ Crowdsource” against constraints Big constraint? + No resources? = Crowdsource

Kiva and “Crowdsourcing” Kiva Fellows Program How do we train MFIs, gather progress updates and verify data accuracy hyper-fast?

Kiva and “Crowdsourcing” Kiva Translator Program How do we immediately translate entrepreneur profiles from native language to English?

Kiva and “Crowdsourcing” We have little money, but great partners! ,[object Object],[object Object],[object Object],Non-profit channel ,[object Object],[object Object],[object Object],[object Object],[object Object],Free licenses

“ Actionable” Takeaways # Web 2.0 Principle Actionable Takeaway 1 “ Addictive” donor experience ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],2 “ Radical Transparency” ,[object Object],[object Object],[object Object],3 “ Crowdsource” against constraints ,[object Object],[object Object],[object Object],[object Object]

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Craigslist Foundation Kiva Presentation

1. ‘ Succeeding’ as an Emerging Social Entrepreneur Craigslist Foundation Bootcamp Premal Shah President Kiva www.kiva.org "Revolutionising how donors and lenders in the US are connecting with small entrepreneurs in developing countries”

2. Kiva 101 Internet Lender Online marketplace Local Partner (MFI) Entrepreneur Money Information

6. How Kiva tries to make it “Easy” Designed for everyday people, not affluent experts See your impact in human terms Low cost to entry Quick and easy checkout

7. How Kiva tries to make it “Fun” Rich user generated content, changing fast... Loans are fully funded in hours Transactions happen every 18 seconds… Real time un-edited updates… Randomized “1 minute of fame “ + Lending Teams…

8. For some, Kiva is becoming very addictive!

9. Be ‘Radically Transparent’ Transparency  Authenticity  Trust

10. Kiva and Radical Transparency Paying for Kiva’s overhead is an explicit choice

11. Kiva and Radical Transparency Data inaccuracy and defaults are made explicit

12. “ Crowdsource” against constraints Big constraint? + No resources? = Crowdsource

13. Kiva and “Crowdsourcing” Kiva Fellows Program How do we train MFIs, gather progress updates and verify data accuracy hyper-fast?

14. Kiva and “Crowdsourcing” Kiva Translator Program How do we immediately translate entrepreneur profiles from native language to English?

15.

16.

Craigslist Foundation Kiva Presentation

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Craigslist Foundation Kiva Presentation