New Loan Program Focuses on Entrepreneurs
An international crowd-funding project is coming home to help American entrepreneurs who lack access to capital. The service could help fill a niche for rural entrepreneurs.
Kiva Zip connects new-business owners to a global community of lenders. While projects on sites like Kickstarter are primarily funded by people within an entrepreneur’s own network, Justin Renfro estimates that only 20% of lenders in a typical Kiva Zip loan come from people known to the borrower.