• Kiva Adds Student Loans To Microlending Marketplace

    Kiva Adds Student Loans To Microlending Marketplace, one of the pioneers in micro-lending to entrepreneurs, is entering the educational space today, launching the pilot program of student microloans on the platform. Kiva is a peer-to-peer lending site that began as a way to facilitate micropayment loans between citizen lenders and extremely low-income entrepreneurs in developing countries, Through Kiva’s platform, anyone can loan… Read More

  • Vittana Applies The Kiva Model To Help Finance Education In Developing Countries

    The microfinance model has proved to be a valuable way to raise funds for entrepreneurs all over the country, as exemplified by the success of Kiva. Seattle-based Vittana is taking a similar approach to helping fund education in developing countries by allowing you to lend directly to students in the developing world. The idea is to bring student loans to the developing world through the power… Read More

  • Four Years After Founding, Kiva Hits $100 Million In Microloans

    Proving that microloans can help to change the world one little bit at a time, hit a major milestone today. Since it’s founding four years ago, it has now made possible $100 million in microloans between individual lenders and entrepreneurs all around the world. The company has brought together 573,000 lenders (people like you and me putting in $25 or more towards a… Read More

  • What Michael Birch Did after Selling Bebo and How He Thinks You Should Celebrate Your Birthday

    For all the billions of dollars created here, Silicon Valley is remarkably stingy when it comes to giving. I first wrote about this when I moved here in the great Web 1.0 Internet bubble. Back then, as companies went public all around us, one-third of households earning $100,000 or more gave $1,000 or less to charity—roughly half what the rest of the U.S. gave per dollar earned. And… Read More

  • The Inevitable Anti-U.S. Backlash Has Started On Kiva

    When we reported on’s decision to open up its micro-lending platform to U.S. entrepreneurs, Kiva CEO Premal Shah told us he was concerned about backlash in the community. Shah acknowledged that the decision to open lending to U.S. recipients may draw criticism because it goes against the idea on which Kiva was founded—lending to help development in third world countries… Read More

  • Kiva Brings Microlending Home To U.S. Entrepreneurs In Need

    The financial crisis has made a lasting impact on small businesses around the world and here at home in the United States. With the credit crunch creating a virtual standstill of lending, small businesses in the U.S. are facing an uphill battle to find funds, especially if their financial history isn’t stellar., one of the web’s most interesting innovators in the… Read More

  • What Was The Best Of The Web in 2008? A Voter's Guide For The Crunchies.

    Last night we released the finalist names for the Crunchies Awards. Vote here for who you think should win. We’ve set up a site that is pretty self-explanatory, with all of the names of each finalist for every category, along with links to their Websites and Crunchbase profiles where you can learn more about each one before voting. The Crunchies represents the best the Web had to offer… Read More

  • Help Eliminate Poverty, Make a Microloan to An Entrepreneur

    The financial crisis in world markets over the past few weeks has been a real eye-opener, but even those of us who have seen our stock portfolios decline by 30 percent or more don’t have much to complain about. It could be worse. It could be a lot worse. A third of the world’s population lives in poverty, and 20 percent lives in extreme poverty, meaning they are always… Read More

  • P2P Loans GainingTraction. Lending Club Goes Nationwide

    Despite sub-prime loan worries rocking the economy, peer-to-peer loans are gaining some traction. You’d think loans between individuals would be much riskier than loans from a bank, but it turns out that individuals can be more risk averse than banks when it comes to lending out money. If you look at Prosper, the leader in P2P lending with more than $100 million in loans out so far, only… Read More

  • LendingClub To Close $10.26 Million Series A

    Peer to peer lending service Lending Club will close a $10.26 million series A round of financing from Norwest Venture Partners and Canaan Partners tomorrow. This comes a few months after the company’s $2 million angel round. Coinciding with the investment, Jeff Crowe and Dan Ciporin (former ceo of are joining Lending Club’s board of directors. Similar to other… Read More